Marcos to raise proposed Philippine sovereign wealth fund at Davos meet


MANILA (The Straits Times/Asia News Network): Philippine President Ferdinand Marcos Jr (pic) will raise the controversial sovereign wealth fund being proposed by his government at the World Economic Forum (WEF) next week, even though Congress has yet to approve the Bill.

Marcos hopes to discuss the proposed Maharlika Investment Fund (MIF) with global business leaders attending the WEF in Davos, Switzerland, from Jan 16 to 20.

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Philippines , Marcos , Davos , wealth , fund

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