Oliver 18 0 0 4 min to read

Imee asks those in favor of wealth funds to emphasize agriculture

Cebuano Cebuano English English Filipino Filipino


Senator Imee Marcos, sister of the president, advised supporters of the proposed sovereign wealth fund on Sunday to concentrate their efforts on reducing the spiraling costs of consumer goods and “degenerative agriculture.”

The Government Service Insurance System (GSIS) and Social Security System (SSS) were taken off the list of funders, but Marcos said that there was still ambiguity and that it was still a good thing. Marcos provided Assistance to Indigents in Crisis Situations (AICS) worth a total of PHP7.5 million in Science City of Munoz, Talavera town, and this city.

She also gave 1,000 Noche Buena packs filled with veggies from north Luzon and toys for three communities in the city, along with PHP5 million in funding for an agriculture project in the municipality of Talavera.

Marcos stated her opinion that for the time being, attention shouldn’t be focused on investments.

“Tutukan muna natin ang pagtaas ng presyo at kakulangan ng pagkain at ang hirap na dinadanas ng ating mga magsasaka,” she remarked, adding that farmers, particularly onion producers in Nueva Ecija and Ilocos Norte, are experiencing the same difficulties.

“‘Yan lahat luma na and ang tatay ko pa ang nagpatayo eh siyempre pag nakadaan na ang 50 na taon, ‘yan lahat luma na at ‘Yan lahat ‘yan lahat luma na at ‘Yan lahat ‘yan lahat luma na at ‘Yan My father constructed the Pantabangan and Magat, both of which are already quite ancient. Of course, if 50 years had already passed, these would need to be replaced “explained Marcos.

She claimed that overused agricultural lands are losing their effectiveness.

“There are many challenges in agriculture, so for the sake of the nation as a whole, if you want to contribute to the Wealth Fund, you should do so. If you have any questions about whether you should make a sovereign investment or not, you should contact the Wealth Fund. Therefore, in my opinion, can we first concentrate on the common challenges that we face on a daily basis before thinking about Maharlika and other investment sovereigns? “Marcos continued


Cebuano Cebuano English English Filipino Filipino


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