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Politics

MAHARLIKA SOVEREIGN WEALTH FUND GETS HOUSE OK

Speaker Martin Romualdez proposed the creation of a sovereign wealth fund (SWF) to maximize the profitability of investible government assets for the benefit of all Filipinos. The proposal is contained in House Bill (HB) No. 6398 that seeks the establishment of the Maharlika Wealth Fund, which would draw resources primarily from contributions from the Government […]