The Swedish government adding 500 million SEK to 2017 defence budget
OREANDA-NEWS.The Swedish government and the parties of the defence agreement have agreed to allocate 500 million SEK extra during 2017, to boost military capability and to enhance the capability of the total defence. The decision to strengthen the defence economy in 2017 is based on information from the Swedish Armed Forces.
The single most important priority in the period 2016-2020 is to increase the operational warfighting capability of the Swedish Armed Forces and to ensure the collective force of the Swedish total defence. Beyond previous investments, the parties of the defence agreement (the Social Democrats, the Green Party, the Moderates, the Center Party and the Christian Democrats) have agreed to strengthen the economy with 500 million SEK during 2017. The decision the foundation for enhanced warfighting capability and enhanced capability in the total defence.
Additional resource strengthening in 2018
The parties behind the defence agreement have agreed to further strengthen the defence economy in 2018. The Armed Forces' budget report will be further analysed and form the basis for discussions in view of the governmental Budget Bill for 2018.
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