Maharkila Fund briefing for senators set on Jan. 30 — Villanueva

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The economic managers will brief the senators on January 30 regarding the objectives and other details of the proposed Maharlika Investment Fund (MIF), Senate Majority Leader Joel Villanueva said Tuesday.

"We have a scheduled meeting with economic managers on January 30," Villanueva said in a press conference.

Villanueva said he will ask the economic managers during the briefing about the objectives of the bill, the fund sources of the sovereign wealth fund, and if the creation of the MIF would be possible even without a new law.asking the Senate to study the MIF bill carefully"Welcome development 'yung binanggit ng ating Pangulo na he is not expecting the Senate to fast-track [the passage of the bill].

Further, Villanueva said the Senate is "more than willing" to work with the executive department regarding this measure.

Source: News Formal (newsformal.com)

 

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