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CTTO Dencio Acop
#NoToMaharlikaInvestmentFund
‘This is a petition to stop the passage of House Bill 6398 (Maharlika Investment Fund/PH Sovereign Wealth Fund).
Here are at least 13 reasons why WE OPPOSE House Bill 6398 (Maharlika Investment Fund/PH Sovereign Wealth Fund). [
#NoToMaharlikaInvestmentFund
‘This is a petition to stop the passage of House Bill 6398 (Maharlika Investment Fund/PH Sovereign Wealth Fund).
Here are at least 13 reasons why WE OPPOSE House Bill 6398 (Maharlika Investment Fund/PH Sovereign Wealth Fund). [
1.The bill has no clear and solid provision for ample worker/employee representation in the fund's governing body, considering that a bulk of the fund will technically come from GSIS and SSS members' pooled contributions. PERA NATIN 'YUN PERO WALA TAYONG KINATAWAN!
2. Land Bank and DBP funds will also be used for the fund. That would drastically limit the funds which the said government banks could lend to MSMEs (the backbone of our economy, in terms of job creation) and ordinary citizens.
