MIFI guess it would take an economist to understand the workings of the Maharlika Investment Fund, as it seems to be beyond ordinary folk like me. The MIF is supposed to fund big ticket infrastructure projects instead of using funds from the national budget (so there is no need to raise taxes, the economic masters claim). But infra projects aren’t income or interest generating, so how will the “investors” get return on or earn from their investment? Perhaps the answer to that is in the fine print of the law. And as I further tighten my belt and try to stretch the family food budget, I hope we will not be seeing another Senate investigation into an “MIF scandal.” – Rosita Enriquez, Marikina City

Source: Philippine Star July 18, 2023 17:32 UTC