The looming passage of the bill creating the Maharlika Investment Fund will be a litmus test for the administration of President Marcos. It is not lost on many Filipinos that the Marcos family has been inextricably tied to the sins of its previous generation, especially through its actions and inaction that eroded the country's standing from being the second most dynamic economy in Asia in the middle of the 20th century to a basket case by the time the family had fallen from power. It is because of this past pillage of the Philippines' coffers that doubters of the present dispensation have criticized the proposed sovereign wealth fund, which its backers in Congress want created ostensibly to help manage public resources for the benefit of the Filipino people.

https://opinion.inquirer.net/163569/a-litmus-test-for-marcos-admin

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