Noticias de dinero

MIF bill bans GSIS, SSS and others from investing in fund – Drilon

FORMER Senate President and Minority Leader Franklin M. Drilon emphasized on Wednesday a provision that prohibits the government’s leading financial institutions from placing funds in the touted Maharlika Investment Fund (MIF). “In clear and unambiguous terms, Congress expressly prohibits the Social Security System (SSS), the Public Service Insurance System (GSIS), the Philippine Health Insurance Corporation.

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Noticias de dinero

MIF will have a positive macroeconomic impact

The Maharlika Investment Fund (MIF) will not have a negative impact on the national budget, Finance Minister Benjamin Diokno said on Friday. “The budget provides from 5.0 to 6.0 percent of infrastructure spending. If our PPP (public-private partnership) and Maharlika aspirations come true, we can easily count on 10 to 12 percent of GDP (gross

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