A House of Representatives member who has been able to work closely with senators in the current 19th Congress believes that the latter would ultimately approve the Maharlika Investment Fund (MIF) Bill.
A House of Representatives member who has been able to work closely with senators in the current 19th Congress believes that the latter would ultimately approve the Maharlika Investment Fund Bill.Not only that, but the Senate will even endeavor to improve the controversial MIF Bill, according to Surigao del Sur 2nd district Rep. Johnny Pimentel.
Pimentel is a member of the powerful Commission on Appointments . Chaired by the Senate President, the 25-member CA is composed of congressmen and senators who are tasked to determine whether or not appointees of the Philippine president are fit for their respective posts.Embodied in House Bill No.6608, the MIF will be used as the Philippine sovereign wealth fund.
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