Latvia plans to spend EUR234 million (USD288 million) of its EUR576.34 defence budget for 2018 on procurement, the Ministry of Defence (MoD) has announced on its website.
The 2018 defence budget is EUR126.8 million higher than in 2017, according to the ministry. It gives a breakdown of 43% on investment, 24% on maintenance, and 33% on personnel.
The focus of the 2018 defence budget is capability development, including infrastructure, airspace surveillance, air defence capabilities, converting the army's light infantry brigade into a mechanised brigade, and developing the combat and response capabilities of the army and Zemessardze (national guard).
The MoD plans to spend 46% more on defence procurement in 2018 than in 2017.
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