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Showing posts with the label maharlika fund

Filipino Vote for Maharlika Fund- Yes or No

Vote now if you are in favor of the "Maharlika Fund". A House Bill establishing the MWF was filed on November 28, 2022 by Representatives Ferdinand Martin Romualdez, Manuel Jose Dalipe, Ferdinand Alexander Marcos, Stella Luz Quimbo, Yedda Marie Romualdez, and Jude Acidre. This kinds of fund I believed needs a forensic examination with the governing body, the Philippine Senate. The MWF aims to ensure economic growth by generating consistent and stable investment returns with appropriate risk limits to preserve and enhance long-term value of the fund; obtaining the best absolute return and achievable financial gains on its investments; and satisfying the requirements of liquidity, safety/security, and yield in order to ensure profitability of the GFIs’ respective funds. Maharlika Fund is a sovereign wealth fund (SWF), also known as a social wealth fund, is the surplus money that a country accrues over time. The government-backed pool of funds is mostly funded from a country...