Maharlika gets P 22.2-B fund for first-year investments
Maharlika Investment Corp., (MIC) the state-run company that manages the Philippines’ P125-billion sovereign wealth fund, has secured a P22.2-billion budget from the government for its investment commitments in 2024, its first year of operation, Budget Secretary Amenah Pangandaman said. The amount was lower than the proposed P36.6-billion corporate operating budget (COB) that MIC submitted to
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