Why the Philippines is Increasing its Defense Spendings?

The Philippines is significantly ramping up its defense spending to protect its territorial integrity against China's assertiveness in the South China Sea, modernize its armed forces to meet contemporary security threats, and bolster regional security alliances with ASEAN and other partners. Despite economic challenges, the country is committed to balancing fiscal stability with defense modernization to establish a credible defense posture, enhance regional cooperation, and contribute to stability in the South China Sea. These efforts aim to secure a prosperous future in the rapidly evolving Indo-Pacific region, advocating for peaceful conflict resolution through sustained dialogue and collaboration with global partners. Like, comment, and subscribe for more in-depth coverage of global economies and geopolitics. Watch complete video and do not forget to visit our channel for more interesting videos.

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0:00 Why the Philippines is increasing its defense spendings?
3:54 Rising Tensions in the South China Sea
7:01 Maritime Challenges
8:43 Budgetary Expansion
9:58 Modernization Goals
12:05 Challenges & Prospects
16:01 End Note

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Disclaimer:
The content in this video reflects the author(s)' thoughts and does not represent the official viewpoint of The Pacific Report; viewers are recommended to conduct their own research and seek expert advice before relying on the information provided.