Philippine's sovereign wealth fund is a 'make or break' test for Marcos

Philippine's sovereign wealth fund is a 'make or break' test for Marcos

Philippine President Ferdinand Marcos Jr. Photo from the Presidential Communications Office.

During a breakfast meeting at the World Economic Forum in Davos in January, Philippine President Ferdinand Marcos Jr. told corporate executives about the reserves his heavily indebted country has sitting in commercial and government banks.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter