GCG backs giving 25% of MIF profit for the poor

THE Governance Commission for GOCC (GCG) on Monday backed the inclusion of a provision in the Senate’s version of the Maharlika Investment Fund (MIF) that would mandate allocating at least 25 percent of the net profits of the proposed sovereign wealth fund for poverty alleviation programs.

Source: https://businessmirror.com.ph/2023/02/21/gcg-backs-giving-25-of-mif-profit-for-the-poor/