British army faces budget deficit 10:37

The UK Ministry of Defense estimates that the budget deficit for new weapons and equipment will be £16.9 billion (about $22 billion) over the next 10 years. The newspaper writes about this Finance Times (FT).

The kingdom’s defense ministry estimates this is the biggest shortfall in its annual 10-year forecasts since they were first published in 2012. In the worst case scenario it could reach £29.8bn.

It was noted that one of the main reasons for the budget deficit was the increase in spending on nuclear and maritime programs, and these expenditures increased by £ 54.6 billion in total. The Ministry of Defense report stated that the rapid increase in inflation in the United Kingdom contributed to the increase in costs. For the equipment plan, the ministry did not receive additional funding to cover it.

Previously British Foreign Secretary David Cameron in the name Convince arms companies in NATO countries to increase productivity to meet Ukraine’s arms needs for at least two years.

Previously in NATO in the name The condition for the transfer of F-16 to Ukraine.



Source: Gazeta

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