The Department of Finance (DOF) welcomed President Marcos’ decision to certify the proposed Maharlika Investment Fund as urgent. ManilaBulletin
Finance Secretary Benjamin E. Diokno said the establishment of the Maharlika Fund is timely given the immense global economic uncertainty.
First, Diokno said Maharlika Fund will strengthen the economy’s resilience through investment-led growth. While the country’s macroeconomic fundamentals are intact, he said the government must use “instruments” to cement its growth momentum. "And second, this is an opportune time to take advantage of the ample liquidity of our government financial institutions, which have investible funds,” he added.Senate Bill No. 2020 is currently under the period of interpellations at the Senate.
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