The House Committee on Ways and Means will present amendments to the Official Development Assistance (ODA) Law to ensure that the country has the flexibility “to acquire top-of-the-line air equipment and naval capabilities.” Know more:
THE House Committee on Ways and Means will present amendments to the Official Development Assistance Law to ensure that the country has the flexibility “to acquire top-of-the-line air equipment and naval capabilities.”
“Again, countries like us shouldn’t declare that our only option is diplomacy. No one wants war, but defenders don’t decide that. Aggressors decide whether they want war. And defenders have to be ready,” Salceda added. “That hinders us from acquiring, say, French submarines although France has already signalled its intent to make loans for these available.”
“The message you want to send to adversarial countries is, well, we will never recourse to war as a first option, but we are ready to defend. And your attacks against us will cost you,” he added. Salceda added that ODA law amendments will require “that the ODA loans are still concessional compared to borrowing from the market.”
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