Philippines SWF On Track For 2023 Start Date

Posted on 06/01/2023


SWFI has previously reported that a new sovereign wealth fund could be coming to the Philippines. Now, the Senate has approved Philippine President Ferdinand Marcos Jr.’s plan to establish a sovereign wealth fund for the nation. The vote was overwhelming with a 19-1 majority for the Maharlika Investment Fund Act of 2023. The Philippines has…

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