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Philippines finalizes implementing rules for its first sovereign fund

november 06, 2023by Reacties uitgeschakeld voor Philippines finalizes implementing rules for its first sovereign fund

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MANILA, Nov. 6 (Xinhua) — Philippine President Ferdinand Romualdez Marcos on Monday said that the implementing rules and regulations of the Maharlika Investment Fund (MIF) have been finalized.

“Upon our approval, we’ll swiftly establish the corporate structure after getting the MIF up and running,” Marcos said on his Facebook page. He did not give further details on the rules.

In July, Marcos signed into

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