President Ferdinand Marcos Jr. presented Thursday the country’s sovereign investment fund to investors in Saudi Arabia despite suspending its implementation to review its provisions.
Watch more News on iWantTFC Marcos said he looks forward to "benefiting not just from Saudi investments, but also from the Kingdom’s extensive experience in managing such funds."
Also speaking at the meeting, Finance Secretary Benjamin Diokno echoed the president’s eagerness in looking forward to investments for the said funds. Saudi Arabia’s Minister of Investment Khalid Al-Falih, for his part, said the country has a highly successful banking sector and several funds are looking to expand investment both locally and internationally.
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