Marcos shunning GOCC dividends for Maharlika fund ‘good’ as it will affect nat’l budget — Lagman

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President Ferdinand Marcos Jr.’s pronouncement against the use of GOCCs dividends for the proposed Maharlika Investment Fund is good since these funds are used to bankroll the national budget, Albay 1st District Rep. Edcel Lagman said. | GabrielLaluINQ

Without the LandBank and DBP allocations, the MIF will be left with just the Bangko Sentral ng Pilipinas dividends and the Philippine Amusement and Gaming Corporation contributions that have a combined worth of P35 billion.Lagman’s fears about GOCC dividends being included as part of the MIF came after his fellow Albay lawmaker, House ways and means committee chairperson Rep.

“I don’t know what he is saying that I approved. It may be the original language for the bill. There were consultations on that,” Marcos said. “Maybe Cong. Joey is referring to our exchange of communication before the bill was filed to see if that’s the direction that we wanted to do. So, we came to a consensus,” he added.

 

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