The budget committee of the Bundestag, the German parliament, approved a EUR45.1 billion (nearly USD50 billion) defence budget for 2020 on 14 November, the German Ministry of Defence (MoD) reported the next day. This represents an increase of EUR1.8 billion, or 4.2%, from 2019, which the ministry said would be invested in armaments, maintenance, personnel, and equipment, as well as covering operating costs.
About EUR655 million more will be invested in military procurement, such as transport vehicles, ships, communications equipment, and uniforms, according to the MoD.
The ministry expected the continued rise in defence spending to allow the modernisation and digitalisation and to improve the readiness of the Bundeswehr.
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