If Deputy Minority Leader and Bagong Henerasyon Party-List Rep. Bernadette Herrera would have her way, she would have government prioritize Public-Private Partnerships (PPP) over the proposed Maharlika Investment Fund (MIF).
If Deputy Minority Leader and Bagong Henerasyon Party-List Rep. Bernadette Herrera would have her way, she would have government prioritize Public-Private Partnerships over the proposed Maharlika Investment Fund .Herrera, in a statement Monday, Jan. 2, said that she is of the belief that the intention of the proposed Philippine sovereign wealth fund can be achieved more effectively through established measures such as the PPP wherein substantial project risks are assumed by the private sector.
Pushed aggressively by the congressman-allies of President Ferdinand “Bongbong” Marcos Jr., the MIF can be used to finance big-ticket infrastructure projects, high-return green and blue projects and countryside development; have investment gains; and can secure intergenerational benefits such as potential earnings from extracted natural resources.
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