The Maharlika Investment Fund must be designed in such a way that the proposed sovereign wealth fund would fit the country's needs, President Ferdinand R. Marcos Jr. said on Friday as he wrapped up his trip to Davos.
The Maharlika Investment Fund must be designed in such a way that the proposed sovereign wealth fund would fit the country's needs, President Ferdinand R. Marcos Jr. said on Friday as he wrapped up his trip to Davos.
"They’re different in purpose, they’re different in methodology and of course, they operate in a different context of law,” he added. According to thw Presidential Communications Office, the proposed sovereign wealth fund of the Marcos administration received huge interest at the 2023 annual meeting of the World Economic Forum in Davos.
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