No, that is actually the road you try to take saying the forex is used exclusively on imports. Funny how you try to spin things when you have no way to go.
This is actually a very good buy for the Phillipines, a lot of bang for very little buck. Whole package most likely won't exceed 1 bill.$.
As for the rice and famine, it makes good sense then if you wanna defend the fisheries for your nation, when there's not enough to go around as it is.
And resorting to blogs as sources now? Look what a 10 second Google search on keywords "Phillipines rice imports" yields:
No more rice imports in 2013
You're an idiot, because I already gave you a citation where Aquino said the Philippines can't afford to buy and maintain second-hand U.S. fighter jets. Any intelligent person can infer this means the Philippines don't have the money to spare on arms.
Only a retard like you will keep insisting the Philippines can buy lots of arms. The President of the Philippines Aquino has already contradicted you.
Try reading my citation (from post #15 and reproduced below) next time. I'm not posting citations for fun. They are there to educate idiots like you.
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The Philippines cannot afford to buy new or second-hand American jets (see citation below).
Philippines May Buy Fighter Jets Other Than U.S. F-16s | Defense News | defensenews.com
"Philippines May Buy Fighter Jets Other Than U.S. F-16s
May. 16, 2012 - 09:51AM |
By AGENCE FRANCE-PRESSE
MANILA, Philippines — The Philippines is looking at arming itself for the first time with dedicated fighter jets made outside of the United States, President Benigno Aquino said May 16 amid a territorial dispute with China.
The Philippines last month requested aircraft, patrol boats and radar systems from its U.S. military ally to help it achieve what the government said would be a “minimum credible defense.”
Aquino said that his government had asked to buy second-hand F-16s from the U.S., but the jets’ maintenance costs could end up being too high because of their age.
“We might end up spending $400 million or $800 million per squadron, and we were thinking of getting two squadrons,” he said in an interview with Manila’s Bombo Radio.
“We do have an alternative, and — this is a surprise — it seems we have the capacity to buy brand-new, but not from America,” Aquino said, without mentioning the aircraft model. “These are manufactured by another progressive country that I won’t name at this point.”
Aquino noted that Manila had retired its last fighter jet, a Korean War-vintage F-5, in 2005.
It does continue to fly Italian firm Marchetti’s S211 trainer jets, which are sometimes used as ground attack aircraft against various insurgencies.
But along with the F-5, the Philippines had previously relied on obsolete U.S. hand-me-downs, including the T-33 and the P-51 Mustang as dedicated attack fighters. The country now has no effective air defenses.
It is engaged in a tense maritime standoff with China over the disputed Scarborough Shoal and surrounding waters in the South China Sea. Both nations have stationed vessels there for more than a month to assert their sovereignty."