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  • Writer's pictureBy The Financial District

Maharlika Investment Fund IRR Okayed

The Implementing Rules and Regulations (IRR) for the Maharlika Investment Fund (MIF) have been finalized.


President Marcos previously expressed his commitment to operationalizing the MIF before the end of the year. I Photo: Philippine Information Agency



President Ferdinand R. Marcos Jr. announced the ongoing organization of the corporate structure of MIF after the IRR was approved.


Senior Undersecretary Elaine T. Masukat, Undersecretary Rodolfo John Robert C. Palattao IV from the Presidential Management Staff (PMS), and Undersecretary Leonardo Roy A. Cervantes from the Office of the Executive Secretary (OES) participated in the finalization of the IRR.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Government Service Insurance System (GSIS) General Manager Jose Arnulfo Veloso and representatives from the Bureau of Treasury, Office of the Deputy Executive Secretary for General Administration (ODESGA), and the Office of the Deputy Executive Secretary for Legal Affairs (ODESLA) were also present.


The Office of the Presidential Adviser for Investment and Economic Affairs, represented by Mr. Raphael DC Consing Jr., contributed to the meeting.


Market & economy: Market economist in suit and tie reading reports and analysing charts in the office located in the financial district.

President Marcos previously expressed his commitment to operationalizing the MIF before the end of the year. The organization of the MIF's corporate structure is proceeding as planned.




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