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Philippines boosts defence spending

18th December 2015 - 01:56 GMT | by Gordon Arthur in Hong Kong

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The Philippine Congress gave the Department of National Defence (DND) a shot in the arm with a 9.2% increase for the 2016 defence budget.

The budget amounts to PHP126.62 billion (US$2.66 billion), which is a record for the Southeast Asian nation. President Benigno Aquino should sign the national budget into law before year’s end.

Under special presidential approval for multi-year purchases, Aquino has approved $933 million for seven DND projects, some of which had stalled, over the next three fiscal years. Money is being allocated for two light frigates, two anti-submarine warfare helicopters, four long-range surveillance aircraft, amphibious assault vehicles,

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Gordon Arthur

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Gordon Arthur


Gordon Arthur was the Asia Pacific editor for Shephard Media. Born in Scotland and educated …

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