MANILA, Philippines — House of Representatives Speaker and Leyte 1st District Rep. Ferdinand Martin Romualdez and different House members have filed a invoice looking for to determine a “Maharlika Wealth Fund” (MWF) which the federal government can use to make investments in good belongings.
Under House Bill No. 6398 filed by Romualdez and several other different lawmakers, the Maharlika Investment Fund (MIF) could be established to permit the federal government to make investments that may guarantee its monetary stability through the years.
According to the stated invoice, the MIF could be sourced from the federal government’s investible funds of the nation’s top-performing monetary establishments, and could be due to this fact …
Keep on studying: Romualdez, different solons suggest creation of wealth fund for use by gov’t for investments