Forecast International

The Ministry of Finance has allocated $1.1 million less for defense spending in 2015 compared spending for 2014. The ministry has set the defense budget for FY15 at $148.4 million; the FY14 budget currently stands at $149.5 million.

There have been gradual increases year over year since the budget was expressed in U.S. dollars in 2002. However, defense spending is now showing a downward trend after reaching a high of $163.3 million in 2013.

Investments within the 2015 budget have not been made public by the Finance Ministry.

Source: Info Defensa
Associated URL: www.infodefensa.com
Source Language: Spanish
Author: R Barrett Edwards, Latin America Analyst

NOTICE TO USERS

Warranty: Forecast International makes no guarantees as to the veracity or accuracy of the information provided. It warrants only that the information, which has been obtained from multiple sources, has been researched and screened to the best of the ability of our staff within the limited time constraints. Forecast International encourages all clients to use multiple sources of information and to conduct their own research on source data prior to making important decisions. All URLs listed were active as of the time the information was recorded. Some hyperlinks may have become inactive since the time of publication.

Technical Support: Phone (203)426-0800 e-mail support@forecastinternational.com

Subscription Information: Phone (203)426-0800 or (800)451-4975; FAX (203)426-0223 (USA) or e-mail sales@forecastinternational.com

Aerospace/Defense News Highlights is published by Forecast International, 75 Glen Rd, Suite 302 Sandy Hook, CT 06482 USA. Articles that list Forecast International as the source are Copyrighted © 2024. Reproduction in any form, or transmission by electronic or other means, is prohibited without prior approval from the publisher.

Forecast International welcomes comments and suggestions regarding its material.
Please send any feedback to: info@forecastinternational.com