Sound perfect to get F-16 block 70/72 and upgrade all our F-16s to block 70/72 but reality is different than that. Any F-16 sale has to be approved by President/Pentagon & Congress.
If I had the money I would invest in medium weight, heavy weight fighter and high altitude & high endurance drone project.
Single Engine fighter:
Smaller size (closer to F-35) with Single engine
*Bubble canopy, Glass cockpit/LCD, HUD and Helmet-mounted display-HMD
*Advanced avionics with active phased array
*Stealthy, supermaneuverable, supercruise capability, vertical stabilizers;
*Chinese or Russian engine with thrust vectoring (TVC) nozzles
*extensive use of composites/carbon fiber; lightweight alloys
*reduced radar cross-section (RCS)
*treated with radar-absorbent material (RAM)
*infra-red search and track (IRST)
*Electro-optical target system (EOTS)
*Infra Red Electronic Countermeasures (IRCM)
*Long ranger BVR missile/Radiation missile/Air to Surface missile/laser guided missile
some examples:
Short term solution: Acquire true 4th generation fighter, options are limited to J-16 or SU-35 while working on JF-17 block 4.
Long term solution (Between 2025-2030): purchase required technology from China (J-31/J-20), Russia (Project Mikoyan LMFS/Sukhoi Su-57), Turkey (TAI TFX project) and other friendly countries for the 5th generation fighter project.