Now that their pet Maharlika Investment Fund
is a law, economic managers should prove
their critics wrong, and deliver the earnings
they confidently promised during the congressional debates on the measure, Deputy Speaker Ralph
Recto said.
“The next order of the day is to shut down the critics. And because they have stuck out their necks for this,
their professional reputation is also on the line. This is not
just business, but personal,” he said.
As in the case of new things which were initially doubted, the Batangas congressman said “brickbats can incentivize performance and a powerful motivation to prove the
naysayers wrong.”
Recto said the newly-signed law “was written largely
faithful to the specs of the proponents.”
“Kung bagasakotse, sinunod ang design,” Recto said.
What Congress added “were safety features against
abuse and misuse of funds, and higher qualifications for
those on the driver’s seat.”
“Hindi pwedengmalakas ang gasolinador lang. Dapatmaayos din ang brake system para hindisumemplang,”
Recto added.
He urged “appointing authorities” to get “the best and
the brightest” in running what is “the Republic’s sovereign
fund” that will be used to finance projects “we need today
while it earns so that it can fund future ones.” (Benjie J.
Murillo