FIRE, Ready, Aim. I am a lapsed lawyer, but from what I remember, laws are supposed to be passed by the Congress with three readings. In more organized places, when preparing an important law, you have studies and papers prepared, discuss and vet the issues at committee. Then the committee agrees on what should be sent to the entire body to further discuss and vote on, then more of that as it gets to the second and third reading. Then it moves to the Senate, where the same happens.
Some whose windfall revenues were so big that they could not utilize the funds domestically went international from the start, but those were mostly Norway and the Middle East funds. Most started local and did not start with going outside while there were largely unmet funding opportunities and development needs at home.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Insulate Maharlika Fund from politics, says US think tankA sovereign wealth fund will be helpful for the Philippines’ development efforts especially if it has flexibility in funding sources and is insulated from politics, according to United States-based nonprofit Milken Institute. |jiandradeINQ RonWDomingoINQ jiandradeINQ RonWDomingoINQ By Michael Milken who was convicted for securities fraud. 😀
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Senate begins Maharlika fund debatesMANILA, Philippines — The Senate began debating on the controversial Maharlika Investment Fund bills on Wednesday. Senate Bill No. 1670 and House Bill No. 6608, measures seeking the
Source: inquirerdotnet - 🏆 3. / 86 Read more »
LIVE: Senate public hearing on the controversial Maharlika fundWatch the first Senate public hearing on the Maharlika fund proposal at 10 am (Manila time) on Wednesday, February 1.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Hontiveros questions ‘ridiculously low’ penalty for violators of Maharlika Investment Fund policySenator Risa Hontiveros lamented the “ridiculously” low penalties for violators of the Maharlika Investment Fund policies to ensure accountability of public officials who will handle the funds. | DFernandezINQ DFernandezINQ Lam na this 😡 gerryduran01 DFernandezINQ Gustong gusto ng mga kawatan yan. Yung may makulimbat sila pero hindi sila mahahabol. Walanghiya lang diba? Sino nga ulit may pakana nito? Yung Marcos dba? Junior nung pinaka-kawatan sa kasaysayan ng Philippine politicians in office. DFernandezINQ Ibasura na po yan MIF, di po ba nagpautang na nga WB 600$ so bakit pa gagamitin ang pera sa LB atbp? Anong uri ng pasakit mangyayari sa mga taxpayers? Ilang dekada po bayaran nyan bukod sa 13T na utang na naipon sa dating admin
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Escudero questions 'unfair' composition of Maharlika Fund governing boardSenator Francis "Chiz" Escudero on Wednesday flagged what he termed as the "unfair" composition of the board of directors which will manage the proposed Maharlika Investment Fund.
Source: gmanews - 🏆 11. / 68 Read more »
Senators start scrutiny of Maharlika fund’s many promisesSenators cast doubt on the Maharlika fund's promise that a sovereign wealth fund could reduce the Philippines' reliance on debt. Dapat ganyan kayo nagiisip..Wag palaging bow sa Malacañang..Pero baka ningas cogon lang yan?.lol!😅 If proponents can't defend it convincingly, it's not worth it. The risks outweigh the gains. Scrap it. Aba tumama naman ng pananaw si Villar this time kahit papano
Source: rapplerdotcom - 🏆 4. / 86 Read more »