Senate President Juan Miguel Zubiri (File photo from the Senate Public Relations and Information Bureau) MANILA, Philippines — The proposed creation of a Maharlika Investment Fund (MIF), though a priority bill, won't be rushed so that it can go through proper scrutiny and amendments in the Senate, Senate President Juan Miguel Zubiri said on Tuesday. Zubri said he had instructed Sen. Mark Villar — the prime mover of the fund in the chamber — to allot time to hear the insights of various sectors during weekly hearings, regardless of whether they were in favor or opposed to the bill. "In other words, don't rush this," Zubiri, speaking in a mix of English and Filipino, said at a press briefing. He also told Villar to draft a committee report before the Senate break by the end of March, so other senators could study it and have "a full debate on the issue" upon the chamber's resumption of their session after the Holy Week break. "We in the Senate will not rush this measure and will make sure that all points are covered to make sure we don't make mistakes," Zubri said. President Ferdinand Marcos Jr. certified as urgent the MIF bill… Read full this story
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