Philippine government plans record defense spending amid China row

Philippine fighter jetsThe Philippine government is proposing to spend a record 25 billion pesos ($552 million) in 2016 to purchase frigates, patrol planes and radars to improve surveillance and detection in the disputed South China Sea, officials in Manila said on July 20 according to an AFP report.

The funds to modernise the military are part of President Benigno Aquino’s 3 trillion pesos ($66.24 billion) budget bill for 2016, his last year in office. Aquino is no longer eligible to run for a second term.

“We need to protect what is clearly within our territorial jurisdiction,” Budget Secretary Florencio Abad said, when asked if the increase was due to the Philippines’ maritime row with China.

“Certainly, we need to at least be able to effectively monitor the developments in the area, particularly those in disputed zones,” he added.

Under the 3-trillion-peso budget bill, defense spending would be 25 per cent higher than the 20-billion-peso military budget last year and five times bigger than in 2013, the officials said. The proposed defense budget is part of a five-year, 75-billion-peso military modernisation programme approved by Aquino in 2013.

However, the amount would still be dwarfed by China, which budgeted $142.9 billion for its military this year.

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The Philippine government is proposing to spend a record 25 billion pesos ($552 million) in 2016 to purchase frigates, patrol planes and radars to improve surveillance and detection in the disputed South China Sea, officials in Manila said on July 20 according to an AFP report. The funds to modernise the military are part of President Benigno Aquino's 3 trillion pesos ($66.24 billion) budget bill for 2016, his last year in office. Aquino is no longer eligible to run for a second term. "We need to protect what is clearly within our territorial jurisdiction,” Budget Secretary Florencio Abad said, when...

Philippine fighter jetsThe Philippine government is proposing to spend a record 25 billion pesos ($552 million) in 2016 to purchase frigates, patrol planes and radars to improve surveillance and detection in the disputed South China Sea, officials in Manila said on July 20 according to an AFP report.

The funds to modernise the military are part of President Benigno Aquino’s 3 trillion pesos ($66.24 billion) budget bill for 2016, his last year in office. Aquino is no longer eligible to run for a second term.

“We need to protect what is clearly within our territorial jurisdiction,” Budget Secretary Florencio Abad said, when asked if the increase was due to the Philippines’ maritime row with China.

“Certainly, we need to at least be able to effectively monitor the developments in the area, particularly those in disputed zones,” he added.

Under the 3-trillion-peso budget bill, defense spending would be 25 per cent higher than the 20-billion-peso military budget last year and five times bigger than in 2013, the officials said. The proposed defense budget is part of a five-year, 75-billion-peso military modernisation programme approved by Aquino in 2013.

However, the amount would still be dwarfed by China, which budgeted $142.9 billion for its military this year.

‘); // ]]>



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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