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Saturday, September 20, 2014

Dutch to increase defence spending

CH-47F ChinookThe Dutch government has decided to increase the Netherlands' defence spending, reversing 24 years of declining defence expenditure.

Dutch Defence Minister Jeanine Hennis-Plasschaert said on 16 September that the funds would be used generally to "enhance the clout" of the armed forces.

Under the plans, defence spending is set to rise by EUR50 million (USD65 million) in 2015 to EUR7.3 billion, with further rises of EUR150 million in 2016 and EUR100 million in the following years.

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