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President Ferdinand Marcos Jr. suspends Maharlika's IRR

President Ferdinand Marcos Jr. has ordered the suspension of the implementing rules and regulation (IRR) of the Maharlika Investment Fund (MIF), his office announced Wednesday, Oct. 18, 2023.Executive Secretary Lucas Bersamin issued a memorandum addressed to Bureau of Treasury officer-in-charge Sharon Almanza, Land Bank of the Philippine (LBP) president and chief executive officer (CEO) Lynette Ortiz, and Development Bank of the Philippines (DBP) president and CEO Michael de Jesus for the suspension of the implementation of the IRR of Republic Act 11954, or the Maharlika Investment Fund Act of 2023 “pending further study.”The memorandum also ordered the respective agencies to notify all concerned heads of departments, bureaus, offices and other agencies of the executive department, including government-owned and -controlled corporations of such action. ....

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President Marcos Jr. Suspends Implementation of Maharlika Investment Fund for Further Study

President Marcos Jr. Suspends Implementation of Maharlika Investment Fund for Further Study
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Marcos: Maharlika Investment Fund to proceed, to be operational before yearend

President Ferdinand Marcos Jr. maintained on Thursday, October 19, 2023, that the controversial Maharlika Investment Fund (MIF) will proceed, contrary to reports that he put its implementing rules and regulation on hold. ....

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PBBM suspends implementation of Maharlika fund law

PBBM suspends implementation of Maharlika fund law
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Marcos: Maharlika being made near-perfect, ideal

Marcos: Maharlika being made near-perfect, ideal
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