Metro Manila (CNN Philippines, June 7) — Twenty-one faculty members of the UP School of Economics (UPSE) have urged President Ferdinand Marcos Jr. to “seriously reconsider” signing into law the Maharlika Investment Fund (MIF) bill pushed by his administration as they warned it could put the Philippine economy at risk.
In a discussion paper released Tuesday, the economics professors voiced their “grave concerns” on the sovereign wealth fund, dismissing it as “still beyond repair” despite hurdling both chambers of Congress.
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