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Sunday, November 24, 2024

Survey: 46% of Pinoys expect benefits from Maharlika Fund

A survey by Social Weather Stations (SWS) released Thursday showed at least 46% of adult Filipinos expect much benefit from the proposed Maharlika Investment Fund (MIF), which aims to optimize national funds by generating returns to support the administration’s economic goals.

The SWS poll, conducted from March 26 to 29, also found that 51% of adult Filipinos said they expect little or no benefit from the MIF.

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SWS said around 20% of the respondents have at least partial but sufficient knowledge about the MIF, while 33% have only a little knowledge about it.

The survey further said 47% said they have almost no knowledge or no knowledge at all about the MIF.

The proposed MIF will be invested in a wide range of assets, including foreign currencies, fixed-income instruments, domestic and foreign corporate bonds, joint ventures, mergers and acquisitions, real estate and high-impact infrastructure projects, and projects that contribute to the attainment of sustainable development.

Finance Secretary Benjamin Diokno said the establishment of the MIF will provide the government with a long-term source of income that will support generations to come

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