SARO Released by DBM for the Purchase of 12 Korean FA-50 Fighter Jets
The country’s Department of Budget and Management (DBM) already finalized the purchase of the 12 Korean FA-50 fighter jets after they released the special allotment release order (SARO) which allocates a total of P18.9-billion. According to Defense Undersecretary Fernando Manalo the SARO was issued by the DBM on June 24, 2014. After the release and … Read more