The prime minister clarifies that a rectification budget will not be required for this purpose, because funds are still available “in the budget” and the Ministry of Finance.
Luís Montenegro announced on Wednesday that Portugal will strengthen about a thousand million euros for the defense area by the end of this year.
“It will ride around a thousand million euros, perhaps a little less, of direct investment in equipment acquisitions, infrastructure, valuing our human resources, which points to an effort that is only possible because we actually have balanced public finances and we have availability within this balance of not requiring additional measures,” he said.
The Prime Minister also reported that the government is “finishing the possibility of anticipating some of the goals and prioritize some of the objectives ”of the Military Programming Law.
Guarantees that a rectification budget will not be required For this purpose, because funds are still available in the budget and the Ministry of Finance.
Luís Montenegro also pointed out that it will be necessary to “speed up acquisition processes” and “establish business relationships with suppliers”, and said that the Government is already “on the ground” to deal with this matter but “the answers are not so immediate.”
“But there is no doubt that on the one hand human resources, on the other hand equipment, on the other hand infrastructures, is in these three vectors that we will concentrate the essentials of what is the investment we will make this year and next year,” he said.
Montenegro says Nato’s goal is ambitious
About 5% of Gross Domestic Product (GDP) in the defense area until 2035, an agreement reached Wednesday by the 32 countries of NATO, the Portuguese Prime Minister says that It’s ambitious And it reveals that Portugal participated in the negotiations so that the deadlines were extended from 2030 to 2035.
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