Marcos says Maharlika fund will diversify Philippines' financial portfolio

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Marcos says Maharlika fund will diversify Philippines' financial portfolio
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President Ferdinand Marcos Jr. on Tuesday (Wednesday, PH time) underscored that the proposed Maharlika investment fund was among his administration's measures to diversify the country's financial portfolio.

President Ferdinand "Bongbong" Marcos Jr. on Tuesday underscored that the proposed Maharlika wealth fund was among his administration's measures to diversify the country's financial portfolio.

The measure creating the MIF states that it would be funded by the investible resources of the Landbank of the Philippines , the Development Bank of the Philippines , and the dividends/profits of the Bangko Sentral ng Pilipinas.

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