BusinessWorld E-paper
June 12, 2023
A PROPOSED Philippine sovereign wealth fund could a ect essential public services as it eats up public funds, analysts said at the weekend.
“It’s incorrect to say that the Maharlika Investment Fund (MIF) will have no impact on the budget because funds that would otherwise have gone to the National Government (NG) will be diverted to the fund,” Calixto V. Chikiamco, Foundation for Economic Freedom (FEF) president, said in a Viber message.
