23 December 2018 - The Ministry of Defence plans to spend 215 million EUR for procurement of equipment by 2028, while the investments will increase by 82% and in 2028 will amount to 145 million EUR, suggests the Defence long-term Development Plan 2019-2028.
Moreover, the infrastructural projects will require around 30 million EUR, while during the period from 2019 to 2024, the defence expenditures are projected at 1.73% in 2020, i.e. 2% in 2024.
“Based on the current estimations of GDP growth, it’s planned to gradually increase the volume of funds for defence purposes, which means the defence spending by 2024 will amount to around 40 million EUR,” the Plan reveals.
The Ministry plans to keep the level of investments at 2% for the period 2024-2028.
Ministry recently considered getting 30 million EUR credit loan for buying 67 armored vehicles.
Also, during the September 2018, Armed Forces of Montenegro bought two new Bell 412 EP/EPI multi-purpose helicopters. Bell 412 EP/EPI multi-purpose four-wheeled helicopters are designed for the transport of passengers, injured and sick people, search and rescue, cargo transfer, fire extinguishing, and border control. The capacity of the delivered version is 13 seats.
As far as the missions in which Montenegrin soldiers take part, the budget predicted 2.294.456 EUR for the fees in the missions and the payments fort he field work, accommodation in camps and barracks as well as for the engagement of soldiers in recovering consequences caused by natural disasters.
