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Wednesday, September 09, 2015

Gov’t allocating P35B to buy 12 fighter planes, 2 frigates

The government is allocating P35 billion for the Armed Forces of the Philippines (AFP) modernization program next year, including the purchase of 12 fighter aircraft, two long-range patrol aircraft, two frigates, and radar systems.

The budget is part of the proposed P158.86-billion budget of the Department of the National Defense (DND) for 2016.

Defense Secretary Voltaire Gazmin said the DND’s budget for next year is 11.6 percent more than the 2015 budget of P142.30 billion.

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