Tuloy pa rin! Maharlika fund on track for 2023 launch – Diokno

Finance Secretary Benjamin Diokno remains confident that the Maharlika Investment Fund (MIF) will be operational before the year ends, despite the suspension of the implementing rules and regulations (IRR) of the Maharlika Law.

Diokno has joined the official delegation of President Ferdinand Marcos, Jr. to Riyadh, Saudi Arabia, where he is set to promote the MIF in a meeting with Saudi business leaders.

“The MIF stands as a cornerstone for financing the infrastructure projects of President Ferdinand R. Marcos, Jr.’s administration, which are crucial to achieving sustained and inclusive economic growth,” Diokno said.

“We are steadfast in our commitment to seeing the Fund off and running before the end of 2023,” he added.

Diokno said the DOF is currently working closely with the Office of the President in further improving the MIF’s IRR.

Bilyonaryo