Sovereign wealth fund bill gets major amendments amid issues


Posted at Dec 10 2022 12:14 AM

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Major amendments to the contentious Philippine House bill to create a sovereign wealth fund. Proponents of the measure will no longer give to the President the chairmanship of the fund's managing board. They've also identified the sources of the fund's seed capital after earlier excluding state pension agencies as contributors. RG Cruz has tonight's top story.—The World Tonight, ANC, Dec. 9, 2022