Department of Budget and Management(DBM-)

Dear DBM,

Yesterday, your official Twitter acct boasted about the "economic benefits and safeguards to be put in place for the institutionalization of the proposed Maharlika Wealth Fund." 
This FOI request is for the DBM's research paper - including the projected profits/investment performance of the Maharlika Wealth Fund - which the DBM used in arriving at a conclusion about the fund's supposed "economic benefits." 

Sincerely yours,
David Michael M. San Juan
Professionals for a Progressive Economy

December 9, 2022

Dear David Michael,

Thank you for your request dated Dec 07, 2022 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Research paper and projected profits/investment performance of Maharlika Wealth Fund.

We received your request on Dec 07, 2022 and will respond on or before Dec 28, 2022 11:21:34 AM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://efoi-ph.appspot.com/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEERCTS00NTAyMDA2NDEzMjUM, for request with ticket number #DBM-450200641325.

Thank you.

Respectfully,

FRO Media Affairs and Community Relations Office (MACRO)
FOI Officer

February 13, 2023

Dear David Michael San Juan,

Greetings!

Thank you for your request dated December 9, 2022 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your request

You asked for projected profits/investment performance of Maharlika Wealth Fund.

While our aim is to provide information whenever possible, in this instance this Office does not have  the information you have requested. However, you may wish to contact the National Economic and Development Authority at https://neda.gov.ph/, or resubmit your request addressed to the correct agency on the eFOI portal at https://www.foi.gov.ph/.

For further assistance, you may review the FAQ section of the eFOI site: https://www.foi.gov.ph/.

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to the DBM -  Office of the Secretary at DBM Central Office, General Solano St., San Miguel, Manila. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

Thank you.

Respectfully,
DBM - Decision Maker
FOI Officer