AS of May 31, 2023, the Maharlika Wealth Fund (MWF), also known as Maharlika Investment Fund, is already awaiting the signature of President Ferdinand Marcos Jr. following the approval of Senate Bill 2020 by the House of Representatives.
The national Social Weather Survey of March 26-29, 2023 found that 20% of adult Filipinos said they have at least partial but sufficient knowledge about the MWF, consisting of 5% who said they have extensive knowledge and 15% partial but sufficient knowledge.
On the other hand, 33% said they have only a little knowledge about the MWF, while the plurality 47% said they have almost no knowledge or no knowledge at all.
The Maharlika fund will have an initial capital of P500 billion from the central bank, gaming revenues, and 2 government-owned banks.
The First Quarter 2023 Social Weather Survey was conducted from March 26-29, 2023, using face-to-face interviews of 1,200 adults (18 years old and above) nationwide: 300 each in Metro Manila, Balance Luzon, Visayas, and Mindanao. Face-to-face is the standard interviewing method for Social Weather Stations; the only exceptions were early in the pandemic when movement restrictions made face-to-face impossible and mobile phone interviews were conducted.
Normal face-to-face field operations resumed in November 2020.
The sampling error margins are ±2.8% for national percentages, ±5.7% each for Metro Manila, Balance Luzon, Visayas, and Mindanao.
The area estimates were weighted by the Philippine Statistics Authority medium-population projections for 2023 to obtain the national estimates.
The survey items reported here were non-commissioned. They were included on SWS’s initiative and released as a public service.
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