The Department of Budget and Management (DBM) has approved the Special Allotment Release Order (SARO) for the 155mm Self-Propelled Howitzer Acquisition Project for Philippine Army under the Revised Armed Forces of the Philippines Modernization Program.
The SARO (SARO-BMB-D-19-0025732) has an amount of PHP 339,867,865.00 to cover the 15% advance payment for the said project.
DBM approved the SARO on December 18.
(Mintfo)
EmoticonEmoticon