Bangko Sentral Governor Felipe Medalla, who initially voiced reservations over the proposed Maharlika Investment Fund (MIF) bill, has joined other economic managers in pushing its legislation, saying it is a “tried and tested” investment vehicle for growth. This needs context.
Mere mention of the word "maharlika" already sends shivers down the spine of many, particularly those who keep unforgettable memories of the abuses of martial law and the administration of the dictator Ferdinand E. Marcos Sr.
What is the Maharlika Investment Fund? Why is it facing so much backlash?
Habang nagaganap ang pampublikong debate tungkol sa Maharlika Investment Fund, narito ang kailangan mong malaman sa isyu.
Bilang depensa sa panukalang paglikha ng Maharlika Wealth Fund, itinuro ni dating pangulong Gloria Macapagal-Arroyo at Ilocos Norte Rep. Sandro Marcos si dating senador Benigno “Bam” Aquino IV bilang orihinal na nagsusulong ng katulad na panukala noong 2016. Kailangan nito ng konteksto.
For the majority of us who are neither into actuarial science nor economics, we can learn from the many countries that have invested on a sovereign wealth fund. By doing so, it is possible to come up with an informed judgment on the proposed Maharlika Wealth Fund of the Marcos-Romualdez representatives in Congress.
