The Armed Forces of the Philippines Modernization Program (AFPMP) has a P45-billion budget for 2023, which is higher than P6 billion compared to last year’s appropriation.
The Armed Forces of the Philippines Modernization Program has a P45-billion budget for 2023, which is higher than P6 billion compared to last year’s appropriation.“In all, there’s P45 billion for the AFPMP in the 2023 national budget – P27.5 billion in programmed appropriations plus P17.5 billion in unprogrammed appropriations,” Surigao del Sur 2nd district Rep. Johnny Pimentel said in a statement on Sunday, Jan. 15.
The Department of Budget and Management had originally sought only P40 billion in programmed and unprogrammed appropriations for the AFPMP this year, according to Pimentel. Programmed appropriations have ready funding sources, whereas unprogrammed ones provide standby authority for the Department of National Defense to sign additional contracts for modernization projects, depending on available government funds, including borrowed money.
Pag-asa is the largest Philippine-occupied landmass at the northeastern section of the disputed Spratly archipelago.
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