Rizal Hall, Malacañan Palace
11 December 2011
President Benigno S. Aquino III ensured the Armed Forces of the Philippines that they will not be left out in terms of defense equipment and facilities during the ceremonial signing of the New AFP Modernization Act held at the Malacañan Palace.
In his speech, the President said that the new AFP Modernization Act is a proof of government’s dedication to guarantee the welfare of every member of the Armed Forces. “Ang ating bukambibig: hindi natin kailanman hahayaang maagrabyado ang mga kawal nating mag-aalay ng dugo’t pawis para ilayo sa kapahamakan ang mga Pilipino,” he said.
The Act provides funds amounting to P75 billion for the first five years to boost AFP’s program as it shifts from internal to external capability. It also institutionalizes the Defense System of Management (DSOM), a logical and holistic approach to the assessment of the security needs of the country.
“Isa itong mekanismong binuo upang masusing bantayan, hindi lang ang pagkuha ng pinakaangkop na armas, kundi maging ang tamang paggugol ng pondo,” the Chief Executive said.
President Aquino also praised the Department of National Defense under Secretary Voltaire Gazmin and officials of the Armed Forces for their efforts in instituting the New AFP Modernization Act.