With the recently ratified Maharlika Investment Fund (MIF) Act set to take effect, Senator Imee Marcos assured that Congress has the oversight function to investigate or even halt its implementation if the law fails.
Marcos signs Maharlika law on Tuesday | ANC
She said President Ferdinand R. Marcos Jr. also assured her that MIF has sufficient safeguards.
“It is about to become a law. Let us support the government in implementing it. If it fails, we have a supervisory function. We can investigate, stop or investigate it,” Marcos said during a press conference on Friday after leading the distribution of aid to needy residents in the towns of Alangalang, Dagami and Albuera in Leyte province.
She said the president is confident his economic managers will lead the way.
