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Maharlika Fund a vital devt tool, says Diokno

THE Maharlika Investment Fund will serve as a tool for the country's economic development by providing strategic and profitable investments in key sectors, Finance authorities said on Friday.

'The Maharlika Investment Fund, which shall be the country's first-ever sovereign investment fund, is designed to promote economic development by making strategic and profitable investments in key sectors,' Department of Finance (DoF) Secretary Benjamin Diokno said.