Why did Aquino stop purchase of warships?

The Chinese are defiantly deploying armed vessels to escort their fishermen intruding into our territorial waters, according to Defense Secretary Voltaire Gazmin, who proclaimed that our military will defend our territory to the last soldier. The Taiwanese, on the other hand, have been taunting us by conducting war exercises just a few kilometers outside our territory.

It is staring us in the face. We need modern warships right now, not to really fight but to keep our pride, by convincing ourselves we do have some defense capability.