11 Agustus 2012

Zahid: No Plans to Increase Defence Spending

11 Agustus 2012

In 2012 the defense ministry of Malaysia get the budget allocation of RM 13.714 billion (photo : Peter de Jong)

KUALA LUMPUR: Malaysia has no plans to increase its defence spending in Budget 2013 which is expected to be tabled on Sept 28, said Defence Minister Datuk Seri Dr Ahmad Zahid Hamidi.

“I believe that the figures will be similar to the allocations for our projects under the 10th Malay-sia Plan.

“We hope that our budget will not be cut as many other countries have trimmed their military spending due to the global economic crisis,” he said at a press conference after chairing the Malaysian Industry Council for Defence, Enforcement and Security meeting yesterday.

Zahid was asked whether the Government had any plans to boost its defence spending, especially in relation to research and development projects.

He added that the ministry would instead focus on upgrading and refurbishing existing hardware as well as its military equipment in a bid to cut excessive spending.

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