Brunei has announced a defence budget of BND606 million (USD430 million) for 2020-21. The country’s Ministry of Defence (MINDEF) said on 12 March that the new budget is a BND1.6 million – or 0.27% – increase over the allocation in 2019-20.
The 2020-21 defence budget amounts to about 10% of total government expenditure for the year.
MINDEF said the defence budget reinforced the country’s three-pillar defence policy – diplomacy, deterrence, and ‘holistic defence’ – in addressing the country’s challenges, which include protecting Brunei’s assets in the South China Sea, cyber defence, and the novel coronavirus (COVID-19).
MINDEF gave no details about how the defence budget will be spent.
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