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House passes $2B wealth fund bill

(UPDATE) THE House of Representatives on Thursday approved on third reading a proposed law creating the $2-billion Maharlika Investment Fund (MIF), which has been certified as urgent by President Ferdinand 'Bongbong' Marcos Jr.

House of Representatives on Thursday approved on third reading a proposed law creating the $2-billion Maharlika Investment Fund (MIF). Photo from House of Representatives of the Philippines FB page