Brunei’s defence budget rises
Brunei’s defence budget will grow nearly 5% in 2016-17, as announced by the Brunei Legislative Council last week.
The total defence budget amounts to BN$564.7 million (US$408 million), or approximately 2.5% of GDP. With the overall national budget being cut by $800 million in 2016-17, defence should not be too disappointed with this rise.
However, it must be remembered that this incremental rise comes on top of last year’s 25% slash in expenditure enforced upon the Royal Brunei Armed Forces (RBAF). It should also be noted that this cut came about as part of a budget restructuring, where much capital spending
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
UK Chancellor commits £2 billion to make the country a “defence industrial superpower”
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
-
Launch of Gilat Defense targets DoD market
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.
-
Collins MAPS Gen II to equip US DoD watercraft
US services have already conducted multiple tests with military maritime systems fitted with the system.
-
OCCAR expects substantial boost in programme numbers “in the coming months”
Europe’s Organisation for Joint Armament Cooperation (OCCAR) “has to establish itself…as a centre of excellence for cooperative Defence Equipment Programmes” in the face of growing threats and the need for rearmament, according to the organisation’s chairman.
-
MBDA CEO emphasises “moment of truth” for Europe as company sees €37 billion backlog
MBDA CEO Éric Béranger stressed the company’s role supporting European countries with complex weapon systems and focused on boosting production against the backdrop of “shifting” geopolitical alliances.