President Marcos immediately signed Republic Act No. 11954, otherwise known as the Maharlika Investment Fund (MIF) Act of 2023, as if it didn't matter what form it finally had. This is eyebrow-raising, considering that as a policy, in the rush to present it for signature, it is embarrassingly defective. First, considering the law was all of 9,160 words, it failed to set out the most important information—what was the purpose of the law? Couldn't this law be integrated with the goals of the Philippine Development Plan to provide it nuance? Sure, the statement of policy rattled off some concepts, The law had a statement of policy, but it was an indolent statement of a once-in-a-lifetime gamble with the people's money.
https://opinion.inquirer.net/165027/mif-a-poorly-designed-law#inquirer