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The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
A military budget (or military expenditure), also known as a defense budget, is the amount of financial resources dedicated by a state to raising and maintaining an armed forces or other methods essential for defense purposes.
On December 11, 2012, President Benigno Aquino III amended by Republic Act No. 10349, also known as the Revised AFP Modernization Act, which extends the modernization program for another 15 years with an initial budget of ₱75 billion for the first five years in order to continue modernizing all the branches of the AFP.
Marcos approved last year an expansion of the U.S. military presence in four more Philippine military camps under the 2014 defense agreement, and the largest war drills between Filipino and U.S ...
MANILA (Reuters) -The Philippines and the United States signed a military intelligence-sharing deal on Monday, deepening defence ties between the two nations facing common security challenges in ...
The uniqueness of Philippine military ranks can be seen in the current highest ranks of first chief master sergeant (for the Army, Marine Corps and Air Force) and first master chief petty officer (for the Navy), both created in 2004, and since then have become the highest enlisted rank of precedence. Prior, first chief sergeant and master chief ...
Vietnam and the Philippines on Friday agreed to advance defence and military relations, including deeper collaboration on maritime security, in a significant step by two countries long at odds ...
The Department of National Defense or DND was formally organised on November 1, 1939, pursuant to Executive Order No. 230 [3] of President Manuel L. Quezon to implement Commonwealth Act No. 1 or the National Defense Act of 1935 passed by the National Assembly on December 31, 1935, [4] and Commonwealth Act No. 340 creating the department.