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maharlika.dof.gov.ph. The Maharlika Wealth Fund (MWF), also known as the Maharlika Investment Fund (MIF), is a sovereign wealth fund for the Philippines which is managed by the Maharlika Investment Corporation (MIC). [1] The MIF is the Philippines' first sovereign wealth fund. It will be allocated across a variety of assets, including foreign ...
A comparative graph of Revenue and Tax Effort from 2001 to 2010 [3] A comparative graph of Tax and Non-Tax Revenue contribution from 2001 to 2010 [4]. The Philippine government generates revenues mainly through personal and income tax collection, but a small portion of non-tax revenue is also collected through fees and licenses, privatization proceeds and income from other government ...
For this purpose, Congress allocated ₱10 billion from funds transferred to the Philippine government by virtue of the December 10, 1997, Order of the Swiss Federal Supreme Court, adjudged by the Supreme Court of the Philippines as final and executory in Republic vs. Sandiganbayan on July 15, 2003, (G.R. No. 152154) as Marcos ill-gotten wealth ...
Disbursement Acceleration Program. The Disbursement Acceleration Program in the Philippines is a "special" budget allocated to accelerate or hasten a government project without Congress or Senate's approval. This replaces the traditional pork barrel, the Priority Development Assistance Fund (PDAF), after the Pork barrel scam was uncovered in 2013.
Portal. v. t. e. Public finance is the study of the role of the government in the economy. [1] It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. [2]
The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines. As of the end of February 2024, the total national debt of the Philippines amounts to ₱15.18 trillion ($269.4 billion). [1]
Imelda Romuáldez Marcos[4] (locally [ɪˈmelda ˈmaɾkɔs]; born Imelda Remedios Visitación Trinidad Romuáldez; July 2, 1929) is a Filipino politician [5] and convicted criminal [6] who was First Lady of the Philippines from 1965 to 1986, wielding significant political power after her husband Ferdinand Marcos placed the country under martial ...
The Presidential Commission on Good Government (PCGG) is a quasi-judicial government agency of the Philippines whose primary mandate is to recover the ill-gotten wealth accumulated by Ferdinand Marcos, his immediate family, relatives, subordinates and close associates, whether located in the Philippines or abroad. [2][5][6][7] It was created by ...