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Recto pitches Maharlika fund to Australians
The Philippine Star
|March 05, 2024
Finance Secretary Ralph Recto encouraged Australian businesses to invest in the country’s first sovereign wealth fund, noting that the Philippines has pro-business policies in place.
In his first official international engagement as finance chief, Recto pitched the Maharlika Investment Fund (MIF) before 100 Australian business and investment leaders, as well as government officials.
“Australian investors seeking to broaden their portfolios into rapidly expanding markets such as the Philippines should explore potential ventures within the MIF,” Recto said.
“It provides an opportunity for private-sector engagement in financing our big-ticket infrastructure projects,” he said.
Recto is in Australia as part of the Philippine delegation to the ASEAN-Australia special summit.
Diese Geschichte stammt aus der March 05, 2024-Ausgabe von The Philippine Star.
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