EconomyForex

AFP modernization delayed 

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PHILIPPINE STAR/ EDD GUMBAN

THE SECOND phase of the Armed Forces of the Philippines’ (AFP) modernization program might have to be extended for lack of budget, a congressman said on Thursday. 

“If the fund is not increased, there might be a need to extend the law on the revised AFP modernization program,” Oriental Mindoro Rep. Arnan C. Panaligan said at a House of Representatives hearing. 

Defense officer-in-charge Jose C. Faustino, Jr. told lawmakers the program, which is supposed to end this year, is only 14% finished. 

The first phase of the modernization program ran from 2013 to 2017, while the second phase started in 2018. The third phase is supposed to run from 2023 to 2028. — Kyanna Angela Bulan 

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