AFP MODERNIZATION BUDGET CUT BY β‚±15 BILLION IN FAVOR OF AYUDA

In a surprising budget decision, the Armed Forces of the Philippines' (AFP) modernization program suffered a significant cut, with Php 15 billion redirected ...

AFP MODERNIZATION BUDGET CUT BY β‚±15 BILLION IN FAVOR OF AYUDA
PHMalaya
1.4K views β€’ Dec 13, 2024
AFP MODERNIZATION BUDGET CUT BY β‚±15 BILLION IN FAVOR OF AYUDA

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In a surprising budget decision, the Armed Forces of the Philippines' (AFP) modernization program suffered a significant cut, with Php 15 billion redirected to fund the government's Ayuda program. This reduction leaves the AFP with only Php 35 billion for its 2024 modernization efforts, jeopardizing critical projects under the Re-Horizon 3 phase. Will creative financing options introduced by Republic Act 12009 be enough to bridge the gap? Or is the nation's defense modernization at risk?

Join us as we break down what this means for the AFP, the Ayuda program, and the country’s security priorities.

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Dec 13, 2024

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