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Defense Operational Funding Gets Boost

May 22 2015

New Zealand

The latest defense budget in New Zealand increases operational funding for the military over the next four years, reports the New Zealand Ministry of Defense.

A total of NZ$264 million (US$194 million) will be allocated for operating funding, the ministry said in a release on Thursday.

The 2015 budget includes NZ$46.5 million (US$34 million) in new operating funding as well as NZ$106 million (US$78 million) for new equipment aimed at improving soldier safety on the...

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