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Wednesday, September 01, 2010

Argentine to increase budget defence 50%, recovering losses of Falklands war

Defence minister Nilda GarréDefence minister Nilda Garré said the Argentine government would increase the defence budget in coming years from 0.9% to 1.5% of GDP to help overcome decades of divestment following the defeat in the (1982) Falklands/Malvinas war.

The extracts of her words are from a conference followed by a period of questions and answers with political science students at the Di Tella University.

Garré said that the contraction of the defence budget can be tracked to the “defeat in the Falklands/Malvinas war, social incompatibility with the military institutions following the war, military dictatorship and the 2001 collapse of the Argentine economy”.

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