The Portuguese government released the country’s budget bill on 16 December, which includes EUR2,445.7 million (USD2,721.2 million) for defence, a 23.1% increase from EUR1,987.4 million in 2019.
EUR564.2 million will go to the army, EUR447.1 million to the air force, EUR485.8 million to the navy, and EUR142 million to the general staff. In addition, EUR315 million was allocated for procurement, EUR7.6 million for technical co-operation, EUR13.5 million for research, and EUR60 million for foreign military operations.
Among the aims of the 2020 defence budget is to prepare the armed forces for the next decade and to boost the defence industry through co-operative programmes, including the EU’s Permanent Structured Cooperation (PESCO) in defence and the European Defence Fund.
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