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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Format: | Commentary |
Language: | English |
Published: |
2023
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Online Access: | https://hdl.handle.net/10356/168728 |
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Institution: | Nanyang Technological University |
Language: | English |
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. |
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