Maharlika may put BSP at risk, warns senator


MANILA, Philippines — Senators on Monday raised their concerns over the Maharlika Investment Fund (MIF), with Sen. Sherwin Gatchalian pointing out that a P200-billion infusion from the Bangko Sentral ng Pilipinas (BSP) would delay its capital buildup by at least 17 years, affecting its ability to rescue the country’s banks should the economy collapse. During […]

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