Marcos says Maharlika Fund ‘operational by end of the year’ despite suspension | ABS-CBN

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Marcos says Maharlika Fund ‘operational by end of the year’ despite suspension

Marcos says Maharlika Fund ‘operational by end of the year’ despite suspension

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Philippine President Ferdinand Marcos Jr. vowed to operationalize the country’s sovereign wealth soon after ordering it to be suspended for further review.

One investment banker said this pause in the Maharlika Investment Fund should be used to return its starting capital to the state banks that provided it. - The World Tonight, ANC, October 19, 2023

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Maharlika Investment Fund

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