Manila Bulletin
Marcos bares plan to tap ex-Finance chief Diokno as Maharlika Fund official
President Ferdinand "Bongbong" Marcos Jr. disclosed that former Finance Secretary Benjamin Diokno declined an offer to manage the Maharlika Investment Fund (MIF).
Diokno reportedly cited that the sovereign fund was not his area of expertise.
Instead, Diokno will return to his role in the Monetary Board of the Bangko Sentral ng Pilipinas (BSP).
Marcos also expressed gratitude to Diokno for extending his term as Finance Secretary beyond his planned retirement in 2023 to help stabilize the economy.
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