Secondly, all financial transactions will be governed by the applicable government laws, rules and regulations.
The reporting and auditing will be done upon the guidance of the advisory body in accordance with the relevant provisions of the law and its implementing rules and regulations and the International Financial Reporting Standards.
Nope we do not believe your measures its another scam just like previous scams. Only this time its huge. Di na magbabago ang gobyerno ng Pinas. Kailan ibang Bansa ang humawak nitong bayan natin. Bulok na ang sistema. Lahat easy money na lang kahit hindi tama.
Sa galing ng pinoy lumusot, anong safeguard kaya pwede ilagay para makasiguro?
NotoMaharlikaWealthFund
Ma'am clear ko lang po di kami sa Maharlika ka fund wala tiwala kundi dun sa mga sinasabi nyong Bantay - Salakay👆🤣👈
Anong safeguard measure ang sinasabi mo, aambag ka rin ba sa pondo nyan MWF!
Tigilan n ninyo ang pagtatanggol dyan....shelve it for a later date...yung hindi mga mandarambong ang nasa kapangyarihan....pwede b?!!!
Asus, don’t us !!! Anong safeguards, it’s only good on paper, implementing the penalties on mismanagement of funds or even govt budget is questionable. Yung ngang Pharmally and the DBM Hindi na nga na pursue! Ayun bilyon nawala !
So far, no government fund has been sufficiently protected by any amount of safeguard.
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BTr chief seeks close review, but cites safeguards of Maharlika Wealth Fund - BusinessMirrorNATIONAL Treasurer Rosalia V. De Leon has joined the calls to scrutinize the proposed Maharlika Wealth Fund (MWF) while pointing out that the current version of the fiscal measure already has numerous safety measures to ensure prudent use of national government’s coffers. “We support the calls to study the bill to ensure that risk management
Source: BusinessMirror - 🏆 19. / 59 Read more »
Amid members’ uproar, GSIS, SSS dropped from ‘Maharlika’ - BusinessMirrorLEADERS of the House of Representatives and economic managers have agreed to remove the Government Service Insurance System (GSIS) and Social Security System (SSS) as fund contributors to the proposed Maharlika Wealth Fund (MWF) and instead utilize profits of the Bangko Sentral ng Pilipinas (BSP). Marikina Rep. Stella Quimbo, one of the principal authors, made invite na lang nila private funds
Source: BusinessMirror - 🏆 19. / 59 Read more »
Quimbo: Initial Maharlika funding around P150 billion sans GSIS, SSS contributionThe initial funding for the proposed Maharlika Wealth Fund (MWF) bill, which seeks to grow excess funds of state-run financial institutions via investments, could reach around P150 billion, House appropriations panel senior vice chairperson Stella Quimbo said Thursday. Snippet from the article. Look closely to Quimbo's statement. She mentioned that it is not right to include GSIS and SSS right now and that they can join the funds if their board decided to invest. Remember how the heads of GSIS and SSS defend the MWF during their interviews. No worry BBM can easily afford 203Billion tax payment that can be used for maharlika funds
Source: gmanews - 🏆 11. / 68 Read more »
Koko sees 'more difficult time' for Maharlika fund bill in SenateSenate Minority Leader Aquilino "Koko" Pimentel III on Thursday said the proposed Maharlika Wealth Fund (MWF) being pushed by several ranking House leaders will have a difficult time in the Senate. What will stop the 'bicam' in adopting the original bill with sss and gsis included? Hehehe! You alone and Hontiveros. kwento mo yan sa kalbo, sen. koko inutil ang senado at walang silbi ang mga senador
Source: gmanews - 🏆 11. / 68 Read more »
'Maharlika a good idea if done properly,' says ConcepcionIf the proposed Maharlika Wealth Fund is done properly, it could actually work and would present vast investment opportunities, Go Negosyo Founder Joey Concepcion said.
Source: manilabulletin - 🏆 25. / 51 Read more »
Maharlika fund bill set to pass second reading - BusinessMirrorTHE House of Representatives will approve the proposed P270-billion Maharlika Wealth Fund on second reading before the Christmas break of the Congress on December 17. This was announced by House Majority Leader Manuel Jose “Mannix” M. Dalipe, one of the authors of House Bill (HB) 6398 or the proposed Maharlika Wealth Fund Act (MWFA). “As
Source: BusinessMirror - 🏆 19. / 59 Read more »