Cong Haresco has bold forecast on ‘Maharlika’ fund windfall

Here’s a bold forecast on the proposed P275-billion Maharlika Wealth Fund (MWF).

Aklan 2nd district Rep. Teodorico Haresco Jr. is saying that the proposed sovereign wealth fund can “easily double the growth of the Philippine economy”.

“The Maharlika Fund authored by Speaker Martin Romualdez and Senior Deputy Majority Leader Sandro Marcos can easily double the growth of the Philippine economy, spurring a strong trajectory for the country to firmly be a robust emerging country with a strong asset spread over risk-free government equities, indexed funds, and alternative