MANILA, Philippines — Philippine President Benigno Aquino promised Monday that 83.9 billion pesos ($1.77 billion) allocated for military modernization projects would be spent by 2017 as the country faces a territorial dispute with China.
Speaking at a ceremony to mark the 80th anniversary of the armed forces, Aquino said his administration had already spent 56.79 billion pesos of the total scheduled for full disbursement by 2017 on "big-ticket" modernization programs.
This was more than the sum spent by the three previous administrations, said Aquino, who took office in 2010 and leaves office next year, as he bemoaned the lack of proper equipment that had long hampered the military.
"Back then, because of lack of equipment, there was a soldier in a sensitive operation carrying a purple backpack from a fast food chain. I just don't think a purple backpack is suited for an operation in the jungle," he told assembled soldiers.
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