The Norwegian MoD has released its FY2022 budget proposal.
The Norwegian government has released its defence budget for FY2022 which amounts to NOK69 billion ($8.3 billion).
In a press release issued by the government on 12 October, Minister of Defence Frank Bakke-Jensen stated: ‘For the sixth year in a row, the Government proposes a significant budget-increase in order to additionally enhance readiness and operational capability. In a security environment that is continually more challenging, we remain committed to securing budgets that provide continuity and predictability, as well as opportunities.’
He added: ’The COVID pandemic has influenced the Norwegian economy significantly. Yet we still continue to invest in security. It is
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