Poe, Angara back proposal to sell gov’t assets for Maharlika fund


MANILA, Philippines — Senators Grace Poe and Sonny Angara expressed their support on Monday for the proposal to sell nonperforming government assets to fund the Maharlika Investment Fund (MIF). The government has recently started exploring possible sources of funds to bankroll the proposed sovereign wealth fund. “They are called assets, but some are nonperforming or […]

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