The biggest roadblock for the AFP Modernization Program to enable multi billion-dollar projects to move forward is the revision or update of Presidential Decree PD415, which was made during the presidency of former Pres. Ferdinand Marcos Sr. in 1974.. PD415 limits any defense-related loans to US$300 million, which is huge back in the 1970s but does not worth much nowadays considering the Philippines can actually pay for US300 million projects without needing loans. It is the same reason why the
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The biggest roadblock for the AFP Modernization Program to enable multi billion-dollar projects to move forward is the revision or update of Presidential Decree PD415, which was
MaxDefense Philippines V2. MaxDefense Philippines V2 · Original audio. The biggest roadblock for the AFP Modernization Program to enable multi billion-dollar projects to move forward is the revision or update of Presidential Decree PD415, which was made during the presidency of former Pres. Ferdinand Marcos Sr. in 1974.. PD415 limits any ...
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GOODBYE AFP MODERNIZATION! 😬 Defense Secretary Gilberto Teodoro Jr. also expressed disappointment over the issue of corruption in flood control projects. #fblifestyle | NextGen PHDefense
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WATCH: Armed Forces of the Philippines (AFP) Chief of Staff Gen. Romeo Brawner Jr. has warned that corruption in public infrastructure projects, including flood control programs, could further strain government resources and impact the military’s ongoing modernization efforts. (Video courtesy of AFP Public Affairs Office via Martin Sadongdong | MB) | MANILA BULLETIN
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WATCH: Armed Forces of the Philippines (AFP) Chief of Staff Gen. Romeo Brawner Jr. has warned that corruption in public infrastructure projects, including flood control programs, could further strain government resources and impact the military’s ongoing modernization efforts. (Video courtesy of AFP Public Affairs Office via Martin Sadongdong | MB) | MANILA BULLETIN
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