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The Philippines is allocating 256.1 billion pesos for defense spending in 2025, the budget department said on Monday, up 6.4% from this year’s budget as the country seeks to modernize and boost its external defenses.
The proposed increase in defense spending comes at a time of growing tensions with Beijing over territorial disputes in the South China Sea, which China mostly claims as its own. The defense budget accounts for 4.0% of the government’s proposed 6.35 trillion pesos spending plan for 2025, which the budget ministry submitted to Congress on Monday for approval.
Of the total defense budget, 204.4 billion pesos will go to land, air forces and naval forces defence programmes, the budget ministry said, while 50 billion pesos will help fund the armed forces’ revised modernization plan, which reflected a shift in strategy away from internal to external defense. Next year’s spending plan, which is equal to 22% of the country’s gross domestic product, is 10.1% higher than the current budget, to support Philippine President Ferdinand Marcos’ agenda to grow the economy by 8% and reduce poverty.Olympic men’s triathlon postponed to Wednesday due to Seine pollution: organisers
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