MANILA, Jan. 31 -- President Ferdinand R. Marcos Jr.'s economic managers assured senators that the proposed Maharlika Investment Fund (MIF) will not be big enough to bring down the Philippine economy, Senate President Juan Miguel Zubiri said in a media briefing on Tuesday.

Zubiri and 14 other senators were briefed on Monday by Secretaries Benjamin Diokno of Finance and Amenah Pangandaman of Budget, Bangko Sentral ng Pilipinas Governor Felipe Medalla and National Economic and Development Authority chief Arsenio Balisacan on the proposed MIF and how it would help accelerate the country's economy.

"Sabi niya ang economy natin (He said our economy) is a PHP19-trillion economy. So, a PHP100 to PHP150 billion economic fund will not make a big...