During China’s high-level ‘two sessions’ (两会) meetings this year, defence ministry spokesperson Tan Kefei (谭克非) disclosed that ¥1.58 trillion ($338 billion) had been allocated in the 2023 national budget for defence, up 7.2% on the …
Tag Archive for: "defence budget"
Overall defence funding, 2023–24 Consolidated defence funding (including the Australian Signals Directorate) Funding $52.6 billion Growth on prior year 7% Real growth on previous year 1% Department of Defence government funding Funding $50.1 billion Funding …
In 2022, US Speaker of the House Nancy Pelosi visited Taiwan, despite threats of retaliation from Beijing. ASPI’s Samantha Hoffman speaks to Nadège Rolland, a distinguished fellow at the National Bureau of Asian Research, about …
All arms of Defence are under pressure to make savings to help fund the nuclear-powered submarine (SSN) program while dealing with impact of inflation. The total resourcing for Defence over the three years to 2025-26 …
The upper estimate of $368 billion for Australia’s acquisition of eight nuclear-powered submarines is an impossibly large number. Stacked in $100 bills, each 0.14 millimetre thick, the pile would rise to about 500 kilometres. You …