Tag
Philippines sovereign wealth fund
![Philippines ‘Suspends’ Its Sovereign Investment Fund Philippines ‘Suspends’ Its Sovereign Investment Fund](https://thediplomat.com/wp-content/uploads/2022/12/sizes/thumbnail/thediplomat_2022-12-13-013227.jpg)
Philippines ‘Suspends’ Its Sovereign Investment Fund
By Mong Palatino
It is highly unusual for a government to cancel such a high-priority project. What prompted its decision?
![Philippines’ Investment Fund Bill Draws Criticism Philippines’ Investment Fund Bill Draws Criticism](https://thediplomat.com/wp-content/uploads/2022/12/sizes/thumbnail/thediplomat_2022-12-13-013227.jpg)
Philippines’ Investment Fund Bill Draws Criticism
By Mong Palatino
A group of prominent economists claims that the Maharlika Investment Fund will draw much-needed cash away from other parts of government.
![Philippine Congress Approves Sovereign Wealth Fund Bill Philippine Congress Approves Sovereign Wealth Fund Bill](https://thediplomat.com/wp-content/uploads/2022/08/sizes/thumbnail/thediplomat_2022-08-25-235612.jpg)
Philippine Congress Approves Sovereign Wealth Fund Bill
By Mong Palatino
The planned Maharlika Investment Fund has attracted controversy, with critics claiming that it is unnecessary and is open to abuse.
![Why Does the Philippines Want a Sovereign Wealth Fund? Why Does the Philippines Want a Sovereign Wealth Fund?](https://thediplomat.com/wp-content/uploads/2022/12/sizes/thumbnail/thediplomat_2022-12-13-013227.jpg)
Why Does the Philippines Want a Sovereign Wealth Fund?
By James Guild
Such funds are usually set up in smallish commodity exporting nations that run large current account surpluses. The Philippines is neither of these.
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