A second reliable source cites the same number of MRFs to be purchased and the same two primary candidates - Sweden's #Jas39Gripen & the US #F16. This is the first one that mentions #India's #Tejas which is technically a Light Combat Aircraft or #LCA (like our FA-50), it's not an #MRF.
The news is supposed to be officially announced soon.
#Philippines Eyes Acquisition of 40 New Multirole Fighters, F16, Gripen and LCA-Tejas in Race
https://idrw.org/philippines-eyes-acquisition-of-40-new-multirole-fighters-f-16-gripen-and-lca-tejas-in-race/#more-338026