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President Ferdinand Marcos Jr. said the concept of the Maharlika Investment Fund “remains a good one” and it will be operational by the end of 2023.
(UPDATE) RIYADH: The Philippines has secured about $4.26 billion worth of investments during President Ferdinand Marcos Jr.'s visit to Saudi Arabia.
The President says the order to suspend the implementation of the law was done in consultation with his economic managers and ‘personalities who will actually be involved in the fund’
RIYADH: President Ferdinand Marcos Jr. continued his push for the Maharlika Investment Fund (MIF) in Saudi Arabia, saying the Philippines is looking forward to benefiting 'from the Kingdom's extensive experience in managing such funds.'
THE Palace decision to halt the implementing rules of the Maharlika Investment Fund (MIF), the Bangko Sentral ng Pilipinas (BSP) said, does not mean the government has thrown in the towel in the effort to create the fund. On the sidelines of an event on Wednesday, BSP Governor Eli M. Remolona Jr. said he was