IKOT.PH
The modernization program of the Armed Forces of the Philippines (AFP) will receive a record P50 billion in fresh funding in 2025, Surigao del Sur Rep. Johnny Pimentel said on Sunday. “In the 2025 national budget, the sum of P50 billion in capital outlays has been earmarked to be used exclusively to support the funding […]
Amid the simmering maritime dispute between Manila and Beijing, President Ferdinand Marcos Jr.’s administration has increased to P50 billion the budget for the Armed Forces of the Philippines Modernization Program (AFPMP). “The AFPMP is set to receive another P50 billion in fresh funding in the 2024 national budget,” Surigao del Sur Representative Johnny Pimentel said. […]