As of November 24, 2023, Here’s the latest updates on the Maharlika Investment Fund (MIF) The Philippines has recently taken a significant step towards economic advancement with the establishment of Maharlika Investment Fund for its first sovereign wealth fund, the Maharlika Investment Fund (MIF). This groundbreaking initiative is poised to…
Tag: investment
Nationwide
Block Grants Tool for Development in BARMM
The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is a newly created region in the Philippines. It was created in 2019 through the Bangsamoro Organic Law (BOL), which grants BARMM a greater degree of autonomy than other regions in the country. One of the key provisions of the BOL is…
Investments
Maharlika Wealth Fund: A Potential Boon for Davao City?
The MIF is a proposed maharlika wealth fund for the Philippines. It was first proposed in House Bill 6398, or the Maharlika Investment Fund (MIF) Act, with House Speaker Martin Romualdez and six other lawmakers as principal authors. Maharlika Wealth Fund Strageic Investment The MIF aims to promote economic development…