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Thursday, July 30, 2009

Cash-strapped Indonesia delays purchase of submarines

Indonesia has postponed its plan to buy two submarines for the Navy until at least 2011, citing financial constraints, Antara state news agency reported.

“Despite the 20 percent increase in the defense budget for 2010, we can’t afford to procure major weaponry such as submarines and jet fighters.

The budget increase will be allocated for maintenance,” director general of defense equipment at the Ministry of Defense Rear Marshal Eris Herryanto said in Yogyakarta on Wednesday.

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