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The Maharlika Wealth Fund (MWF), also known as the Maharlika Investment Fund (MIF), is a sovereign wealth fund for the Philippines which is managed by the Maharlika Investment Corporation (MIC). The MIF is the Philippines' first sovereign wealth fund.
Dec 5, 2022 · Maharlika fund now approved. How has it changed? Marcos: Up to pension funds if they want to invest in Maharlika; Dear senators: Don’t pass Maharlika; EXPLAINER: Will a sovereign wealth...
The establishment of the Philippines’ first-ever sovereign wealth fund is a timely and necessary measure to unlock the country’s growth potential in a period where rising interest rates weigh down global economic prospects, and pandemic-induced widening debt levels limit the capacity of governments to conduct fiscal stimulus.
The MIF is the Philippines’ first-ever sovereign wealth fund aimed at optimizing the country’s national funds by generating returns to support the Administration’s economic goals. view all videos. NEWS & EVENTS. Newly enacted Maharlika Investment Fund to serve as vehicle for growth. Read More →.
Dec 5, 2022 · It will be used as a P250-billion sovereign wealth fund (SWF) meant to raise government revenues. It was filed by lawmakers led by presidential cousin Speaker Martin Romualdez and presidential son Senior Deputy Majority Leader Sandro Marcos.
Dec 10, 2022 · During the House Committee on Appropriations hearing on Friday, proponents of the still unnumbered bill, which would create what would be known as the Maharlika Wealth Fund, finalized the...
President Ferdinand R. Marcos, Jr. signed into law Republic Act No. 11954, otherwise known as the Maharlika Investment Fund (MIF) Act of 2023, establishing the Philippines’ first sovereign wealth fund aimed at boosting the country’s economic growth, on July 18, 2023 at the Malacañan Palace in Manila.
