PH on US call for 3.5% GDP defense spending: We are a low-income country

MANILA, Philippines — The Philippines admitted on Monday that it would have difficulty complying with the demand of the United States government for Asian allies to commit to spending 3.5 percent of their gross domestic product (GDP) on security, despite year-on-year increases in defense spending. US War Secretary Peter Hegseth made the demand on Saturday during the Shangri-La Dialogue, a defense summit held annually in Singapore by the London-based think tank International Institute for Strategic Studies. “We are a low-income country that has so many other development needs. We are in a catch-up mode, investing in defense capabilities and modernizing […]... Keep on reading: PH on US call for 3.5% GDP defense spending: We are a low-income country

Original source: Philippine Daily Inquirer