MANILA, -- The Philippines government has proposed a 2017 defence budget of PHP134.2 billion (USD2.9 billion), a year-on-year increase of about 15%.
Figures published by the Philippine Department of Budget and Management (DMB) on 15 August show that the Philippine Army, with an allocation of PHP56.88 billion, will receive the largest portion of the funding, while the Philippine Navy and Air Force receive PHP20.59 billion and PHP18.89 billion respectively.
Funding for the three armed services is spread across personnel expenses, maintenance and operations, and capital outlays, with the former receiving the bulk in each case.
However, the figures do not include spending for military procurement, which the government sources from the Armed Forces of the Philippines (AFP) Modernization Programme.
The Philippine Army 114 M113A2 Armored Personnel Carriers (APC) in a Turn-over ceremony.
An employee watches PAF001 or FA-50 no. 1 as it taxis towards its assigned parking bay.
The BRP Tarlac 601 sealift strategic vessel Navy's largest vessel.