Brazil to spend nearly three-quarters of its 2027 defence budget on personnel and pensions
Brazil plans to allocate 147.68 billion reais to defence in 2027, about US$27 billion at current exchange rates, but 73% of that will go on salaries, retirement benefits and pensions, according to the budget bill sent to Congress. With only 8.6% set aside for investment, the country will have to decide the pace of programmes that include fighter jets, frigates, armoured vehicles and a…
Brazil is planning to spend nearly three-quarters of its 2027 defence budget on personnel and pensions, with only 8.6% allocated for investment in programmes such as fighter jets, frigates, armoured vehicles, and a nuclear-powered submarine. The depreciation of the real has made imported components more expensive, impacting the country's defence procurement plans.
The Army and Navy are facing delays in acquiring new armoured vehicles and frigates, while the nuclear-powered submarine programme has been postponed from 2034 to 2038 due to funding difficulties. The country is exploring various options for defence cooperation, including joint exercises with Argentina and potential agreements with Italy for its air defence programme.
The future of Brazil's defence budget and procurement programmes will depend on the new leadership of the Defence Ministry following Lula's re-election.
Brief written by urgent.news from MercoPress's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
