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Desperate Pleas for Divorce Mount as Philippines Battles Ban

The Maharlika Investment Fund (MIF) bill has been approved by lawmakers Last May 31, 2023 in both houses of Congress after removing the provision on financing from state pension funds. The bicameral conference committee gave its approval less than eight hours after the Senate passed its version of the bill, marking the end of a six-month process since the bill was first filed in the Lower House. The amended bill includes stricter safeguards in fund management and prohibits investments from various state pension funds, including the Social Security System and Government Service Insurance System. President Ferdinand Marcos Jr. clarified that

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