DBM releases P3.7B for military upgrade-A A +A
Tuesday, February 11, 2014
THE Aquino administration has released P3.68-billion to improve the capability of the Armed Forces of the Philippines (AFP), the Department of Budget and Management (DBM) said Tuesday.
Budget Secretary Florencio Abad said in two separate Special Allotment Release Orders (Saros) issued last December, a total of 18 priority projects were given the go signal and were accordingly charged against the programmed appropriations of the AFP Modernization Program under the 2013 General Appropriations Act (GAA).
The budget release would benefit the Department of National Defense (DND) general headquarters, Philippine Army, Philippine Navy, and the Government Arsenal.
Priority projects and acquisitions include strategic sealift vessels, small amphibian vehicles, multi-purpose assault weapons, sniper rifles, mortars, portable radio receivers, radio test equipment, production capability and facility upgrades, and technical forensic upgrades, among others.
"We remain committed to this pursuit of peace and the rule of law, and one of the ways we're reinforcing that is by supporting our Armed Forces' modernization activities. These initiatives are of course necessary in improving our territorial defense capabilities and ensuring better national security," Abad said. (SDR/Sunnex)