May 22 2015
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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