Spend on National Defense like Singapore!

At an Annual Defense Budget of $10 Billion, we will be more or less on the same level as Singapore. Can you imagine what $10 Billion a year can do to the AFP?

And as the figures below show, this is totally doable:

Singapore

Nominal GDP - $308 Billion

Population - 5.7 Million

Per Capita GDP - $53,604

Defense Budget - $9.5 Billion

Per Capita Defense Budget - $1,667

As % of Per Capita GDP - 3.1%

Philippines

Nominal GDP - $330 Billion

Population - 101 Million

Per Capita GDP - $3,267

Defense Budget - $3.8 Billion

Per Capita Defense Budget - $37.62

@Defense Budget = $10 Billion:

    Per Capita Defense Budget - $99

    As % of Per Capita GDP - 3.0%

With an annnual budget of $10 Billion, the AFP will clearly be able to afford the latest MRFs, GM frigates, submarines, ASMs and SAMs. So, why aren't we doing it?