(CNN Philippines) Metro Manila — A co-author of the proposed measure creating the Maharlika Investment Fund (MIF) has assured that the House of Representatives is not rushing to pass the bill.

“No, we are not rushing this bill. In fact, the president has not certified this as urgent kasi kung cinertify n’ya (if he certified this) as urgent we can have it approved by Thursday,” Surigao del Sur Rep. Johnny Pimentel told CNN Philippines’ The Source on Tuesday.

Lawmakers target to approve House Bill 6608 on second reading on Thursday before going on a month-long break for the holidays from Dec. 17 to Jan. 22, 2023.