Philippine defense spending: As of 2013

Tuesday , 19, February 2013 Leave a comment

This is an update of last year’s article on defense spending (see here). The 2013 graph shows a disturbing P26.5M drop that may give the impression that the Philippines was reducing its defense commitments. This, however was there result of a shifting of responsibility for certain funds from the Department of National Defense to other departments.

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A review of service-level budgets actually show a continuation of the upward trend of the past five years.

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The allocation for the AFP Modernization fund remains at P5 billion.

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