Recto tells gov’t to curate nonperforming assets to sustain Maharlika fund
MANILA, Philippines — Deputy Speaker Ralph Recto strongly urged the national government on Tuesday to prevent a “fire sale” of state-owned property, firms, and franchises only by selectively choosing the nonperforming assets it proposes to sell to support the Maharlika Investment Fund (MIF) actively. Recto, in the same statement, said that the sold assets should […]
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