A SWF is an investment fund, a state-owned pool of money, with funding coming from surplus reserves from state-owned enterprises, reserves from budgeting excesses, foreign currency operations, and money from privatizations. Know more:
A sovereign wealth fund is an investment fund, a state-owned pool of money, with funding coming from surplus reserves from state-owned enterprises, reserves from budgeting excesses, foreign currency operations, and money from privatizations that is invested in various financial assets.
House Bill 6398 will establish the “Maharlika Investment Fund” , the purpose of which is to “generate consistent and stable investment returns with appropriate risk limits to preserve and enhance long term value of the Fund, obtain the best absolute return and achievable financial gains on its investments, and to satisfy the requirements of liquidity, safety/security, and yield in order to ensure profitability.
We have some concerns about funding coming from “public borrowing, among others” and “other investments.”
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Arroyo: Marcos ultimately accountable for proposed Maharlika Investment Fund“The success of any fund, sovereign or private, lies in the quality of its management. In the current version of the Maharlika Wealth Fund, the President of the Philippines chairs its governing Board,” Arroyo said.“This is a powerful statement that the highest official of the land will hold himself as ultimately accountable to the Filipino people for the performance of the Fund,” she added.
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Guanzon worries about Maharlika fund: ‘Baka Tallano gold na naman yan?’P3PWD Party-list Rep. Rowena Guanzon warned against the creation of the controversial P275-billion Maharlika Wealth Fund (MWF) by the Marcos administration, likening it to the mythical Tallano gold said to be in possession of the Marcos family.
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'Unconstitutional?' Salceda defends 'Maharlika' fund amid Carpio's commentsOnce again, Albay 2nd district Rep. Joey Salceda felt compelled to respond to a known personality’s comment on the proposed P275-billion Maharlika Wealth Fund or MWF.
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Senate set to scrutinize Maharlika Wealth Fund; House touts safeguards - BusinessMirrorSENATORS were expected to mount an inquiry into the proposed use and safeguards for the P275-billion Maharlika Wealth Fund bill, which their counterparts in the House of Representatives are rushing, amid mounting concern over the use of workers’ pension funds to seed the facility. At the weekend, Sen. Jinggoy Estrada joined the chorus of cautious reminders
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Arroyo sounds off on 'Maharlika' fund; says Bam Aquino filed similar bill in 2016Lawmakers in the current 19th Congress weren’t the first to propose the creation of a Philippine sovereign wealth fund.
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