indonesia to lift defense budget to boost weaponry modernization
Last Updated : GMT 09:07:40
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Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Indonesia to lift defense budget to boost weaponry modernization

Egypt Today, egypt today

Egypt Today, egypt today Indonesia to lift defense budget to boost weaponry modernization

Defense Minister Ryamizard Rayacudu
Jakarta - XINHUA

The Indonesian government will increase the budget for defense from the current level of 0.8 percent of the state budget to 1.5 percent, Defense Minister Ryamizard Rayacudu said here Thursday.
Minister Raymizard stressed that the move aims to change the slow pace of the development of the country's weaponry in recent years, in part due to economic crisis, to put it on a par with other ASEAN countries.
The 0.8 percent of the state budget amount is equal to 83 trillion rupiah (some 6.815 billion U.S. dollars), according to the ministry.
Minister Raymizard said the improvement of Indonesian weaponry quality has to rely much on local contents.
"We need a self reliance on weaponry. We do not rely on other countries," he said at a defense seminar here.
President Joko Widodo has disclosed that he will continue the modernization of weaponry in the country which has been undertaken by former President Susilo Bambang Yudhoyono.
According to Yudhoyono, the modernization drive targets to achieve what he called "a minimum essential force," not aiming to trigger an arm race in the region. Terrorism, human trafficking, insurgency and drug smuggling are among the main challenges facing Indonesian armed forces.

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indonesia to lift defense budget to boost weaponry modernization indonesia to lift defense budget to boost weaponry modernization



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