Mindef increases FY2024 spending to $20.2 billion

Laying out the Defence Ministry’s budget for the upcoming financial year, Defence Minister Ng Eng Hen said Mindef projects that it will spend about $20.2 billion, a 2.5% increase from FY2023.

He said that despite the nominal increases for defence spending over the past years, its share as a percentage of GDP has been falling.

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#straitstimes #parliament #budget2024 #budget

[anziar]

Marvelous! This is why PAP has always been the only responsible and competent party in s'pore. Fantastic! ❤❤

[alexteo]

Why Skimpy Allowances for NSFs while Defence Budget Bludgeoned ....?

[meD]

No one would question defense budget😊😊😊😊 walkover

[Utube]

Neighbors just procure hypersonic drone from China for defence - who wins?

[WangSS-bg]

What's important singapore had changed to a multi-nation country (multi-nation-singapore) so even with the saf soldiers also no use, it's the pap party mistakes and there's no way to u-turn back.