House Speaker Martin Romualdez said Monday, Jan. 16, that Pres. Ferdinand 'Bongbong' Marcos Jr. would be able to sell the Philippines' proposed sovereign wealth fund, the Maharlika Investment Fund (MIF), at the World Economic Forum (WEF).
House Speaker Martin Romualdez expressed confidence Monday, Jan. 16 that President Ferdinand “Bongbong” Marcos Jr. would be able to make a good pitch about the Philippines’ proposed sovereign wealth fund, dubbed the Maharlika Investment Fund , at the World Economic Forum .
“In his previous participation in various global fora, President Marcos has displayed an excellent ability to articulate the interests of the Philippines as well as the significant gains achieved under his administration and the country’s direction for future growth,” said Romualdez, who is en route to Davos, Switzerland–the site of the WEF–with Marcos.
It can be recalled that Romualdez was instrumental in arranging the meeting between Marcos and WEF founder Dr. Klauss Schwab on the sidelines of the Association of Southeast Asean Nations Summits held in Cambodia last November. The Philippine House of Representatives had earlier approved the MIF as contained in House Bill No.6608.
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