Philippine Airlines PR001, carrying the President and his delegation, landed at 12:54 p.m. local time here at the King Khalid International Airport in Riyadh.The President, who was accompanied by his Cabinet secretaries and other government officials, is scheduled to attend a roundtable meeting with Saudi business leaders on Thursday afternoon.On Friday, Marcos will join his fellow world leaders in the Asean-GCC Summit that will be held in Riyadh, at the Ritz-Carlton Hotel.
But Marcos on Thursday denied that his administration has put the Maharlika fund on hold and said that 'the concept of Maharlika Fund remains a good one' and reiterated that the government remained 'committed to having it operational before the end of the year.''So we should not misinterpret what we have done as somehow a judgment on the rightness or wrongness of the Maharlika Fund,' Marcos said.
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