London to increase defense spending amid Ukraine conflict

International

24-12-2022, 11:10

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INA-sources

Britain to increase defense spending amid Ukraine conflict, newspaper reports Telegram.

The publication states that Jeremy Hunt, head of the British Treasury, is expected to announce an increase in the spring.

“Defence spending should increase by more than a billion pounds … Treasury has taken up the argument that the defense budget should not fall in line with inflation as the war rages in Ukraine,” the statement said.
Increasing the 2024-2025 Department of Defense budget from £48.6 billion ($58.6 billion) to £50.1 billion ($60.4 billion) – at least 1.5 – to avoid real cuts, the publication said. adds that they believe it is necessary. billion pounds ($1.8 billion).

Source: Ria