A senior member of Congress wants all future national government royalties from forthcoming offshore natural gas projects in the West Philippine Sea to be put in the Maharllika Investment Fund (MIF) the proposed state-sponsored social wealth savings meant to accumulate for the enjoyment of future generations of Filipino. We would highly recommend that all potential government earnings from prospective undersea gas development projects - excluding those from Malampaya - should accrue to the MIF", Surigao del Sur Rep. Johnny Pimentel said on a statement on Sunday.

WPS gas bonanza eyed for sovereign fund. (2022, December 12). Manila Bulletin, p. B-1.