The Philippines plans to increase defense spending by 6.4% to $4.38B in 2025 amid tensions with China over South China Sea disputes.
The Philippines plans to increase defense spending by 6.4% to 256.1 billion pesos ($4.38B) in 2025, amid tensions with China over South China Sea disputes. The budget accounts for 4.0% of the proposed 6.35 trillion pesos spending plan for 2025, and will fund land, air, and naval force defense programs, as well as the armed forces' revised modernization plan, shifting focus from internal to external defense.
July 29, 2024
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