The Philippine Maharlika investment fund

• Main Author: Montesclaros, Jose Ma. Luis P.
• Other Authors: S. Rajaratnam School of International Studies
• Format: Commentary
• Language: English
• Published: 2023
• Subjects: Social sciences::Political science; Country and Region Studies; Non-Traditional Security
• Online Access: https://hdl.handle.net/10356/168728
• Institution: Nanyang Technological University

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.