President Ferdinand Marcos Jr. has clarified that he had no hand in the revision of the House of Representatives-approved Maharlika Investment Fund (MIF) bill.
On Friday, Albay Representative Joey Salceda, who chairs the chamber’s ways and means panel, disclosed that the MIF bill underwent revision during the Christmas break.
Salceda said the latest revisions were done "because we want [the MIF] to succeed, and this is the one actually sold by the President in Davos."Asked by reporters on Friday if the revised MIF bill was already approved by him, Marcos said, "I’m not sure. What did I approve?""Wala akong role muna ," Marcos said.
The bill on the proposed Maharlika Investment Fund was approved on the third and final reading by the House of Representatives on December 15. It was transmitted to the Senate on December 19.
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