“Bangko Sentral Governor Felipe Medalla has joined other economic managers in pushing the enactment of a bill creating a Maharlika Investment Fund. The joint statement was issued after the bill's proponents at the House of Representatives changed the contentious provisions that Medalla raised concerns on, such as funding sources, chairmanship and the number of independent members of the board.”
Vera Files rated this: Needs context
Vera Files says: While Medalla did not categorically oppose the creation of the Maharlika Investment Fund (MIF), he earlier expressed reservations over the MIF, raising the issue of governance and the fund’s potential impact on the doll…