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The Maharlika Wealth Fund (MWF), also known as the Maharlika Investment Fund (MIF), is a sovereign wealth fund for the Philippines which is managed by the Maharlika Investment Corporation (MIC). [2] The MIF is the Philippines' first sovereign wealth fund.
Sovereign wealth funds are entities that manage the national savings for the purposes of investment. The accumulated funds may have their origin in, or may represent, foreign currency deposits, foreign exchange reserves, gold, special drawing rights (SDRs) and International Monetary Fund (IMF) reserve position held by central banks and monetary ...
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Maharlika Investment Fund Act of 2023 An Act Establishing the Maharlika Investment Fund, Providing for Management, Investment, and Use of Proceeds from the Fund, and for other Purposes Principal Author [5] [7] R.A. 11959 (HB 7751) Regional Specialty Centers Act
He also met with the local Filipino community and various investors to tout the Maharlika Investment Fund. First Lady Liza Araneta-Marcos did not join this trip. [67] [68] 16 United States: San Francisco, Los Angeles, Honolulu: November 15–19: Working visit. President Marcos attended the APEC Economic Leaders' Meeting in San Francisco.
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