Senate Bill No. 2020 or the Maharlika Investment Fund Act of 2023 hurdles final Senate Approval on May 31, 2023, showing a sneak peek into what could be a new chapter of the Philippines’ economic journey.  

On paper, it aims to better the economic and financial situation of the Philippines; hailed by supporters as a catalyst for economic advancement, while opponents raise concerns over the persistent vagueness of goals, potential exploitation and irredeemable loss in returns.