Diokno: Maharlika IRR in final phase, ready for rollout within 90 days

By Julito G. Rada and Vito Barcelo

ment Fund are in its final stages and that the President is expected to sign the bill soon.

vote, and one abstention.

in its final phase.”

CHINESE SWARMS. In these photos handed out Friday, the Armed Forces Western Command shows some of the 48 Chinese Navy, Coast Guard, and fishing vessels spotted swarming the Iroquois Reef in the West Philippine Sea. AFP Wescom photo

FINANCE

Secretary Benjamin Diokno said Friday that the implementing rules and regulations of the Maharlika Invest-

In a message to reporters covering the Finance beat, Diokno said: “The crafting of the IRR started right after the approval of the MIF bill. It is now

9-hr. water break looms in Maynilad areas

MORE than half a million customers of Maynilad should prepare for a possible nine-hour service interruption next week as the government anticipates Angat Dam’s water level to fall below its minimum operating level of 180 meters.

“The elevation of Angat will reach 180 meters (Saturday). However, we are projecting that there will be no interruption tomorrow, except for the regular maintenance activities,” MWSS Angat/Ipo

Operations Management Division head Patrick James Dizon said in a message to GMA News.

“For Maynilad, the expected interruption will be on Wednesday (July 12), the earliest, but if there are rains, the start of interruption could be by Friday (July 14)… The number of hours of interruption - 7 p.m. to 4 a.m. (nine hours)… that is lesser than the 14 to 16 hours interruption in April 2023,” Dizon said.

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