The Philippine Maharlika investment fund

The Philippines is establishing a sovereign wealth fund to spur public infrastructure investments in preparation for 2025 when it no longer qualifies for aid as an upper middle-income country. This move has several policy implications and practical impact on state management of financial resources a...

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Bibliographic Details
Main Author: Montesclaros, Jose Ma. Luis P.
Other Authors: S. Rajaratnam School of International Studies
Format: Commentary
Language:English
Published: 2023
Subjects:
Online Access:https://hdl.handle.net/10356/168728
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Institution: Nanyang Technological University
Language: English
Description
Summary:The Philippines is establishing a sovereign wealth fund to spur public infrastructure investments in preparation for 2025 when it no longer qualifies for aid as an upper middle-income country. This move has several policy implications and practical impact on state management of financial resources and the capital market for a nation accustomed to another way of government provision for economic and infrastructural goals.