Government Service Insurance System president and General Manager Arnulfo "Wick" Veloso on Tuesday branded the proposed Maharlika Wealth Fund as a "long-term investment."“Ang Maharlika po ay isang long-term investment. At ang layunin po nito ay hindi lang po magkaroon ng investment ngunit magkaroon din po ng tulong for national development,” Veloso told a radio interview which was quoted in a statement issued by the Office of the Press Secretary.
Veloso allayed fears and concerns over transparency issues in the MIF as he ensured that the proposed Maharlika Board will guarantee that the investments under the fund are protected. "At kami po ay naroroon para siguraduhin na ma-invest ito properly [We are there to ensure that it would be invested properly]. There are various layers of transparency to make sure that the funds are protected and invested properly and we are going to make sure the public is going to be made aware," he added.
The Maharlika Wealth Fund, as proposed under House Bill 6398, aims to allow the government to invest surplus reserves or revenues in real estate and financial assets.
Brown noser
Umayos ka Hindi mo pag aari ang perang pinaghihirapan ng mga members ng GSIS
No!!!!!
🤡 🤥
babalik ba sa pensioners ang kita? o lugi lang ang ibabalik para taas kontribusyon ulit
Longterm without assurance?🤣
Ulul. Tangina nyo. Di nyo yan pera bkt nyo iinvest. Kupal. PURO KAYO MAGNANAKAW
barkada to ni alamano sa la salle
Isa pa. Long term. So walang galawan
Ano ba yan!
Nation-building? Baka personal bank account building.
invest it where?
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GSIS president defends Maharlika wealth fund“Ang trabaho po namin ay ang pera ilagay sa tamang lugar na kikita nang mas malaki at para pag maibigay sa amin ay maibigay naming benepisyo sa mga miyembro namin,” Veloso told reporters in Manila. Takot mapalitan? Why touch funds of GSIS and SSS? Why not tap Central Bank due to its enormous foreign reserves?
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