Search This Blog

Monday, August 30, 2010

Thai Budget Makes Provision for Second Gripen Batch

JAS-39 GripenThailand’s House of Representatives approved a Fiscal Year 2011 defence budget of THB170 billion (USD5.4 billion) on 26 August, an expenditure that includes funds allocated to a second batch of six Saab JAS 39 Gripen fighter aircraft for the Royal Thai Air Force (RTAF).

The allocation is a 10 per cent increase over actual defence spending in FY09 and accounts for 8 per cent of the total national expenditure. It is equal to approximately 1.7 per cent of GDP.

Between 25 and 30 cent of the defence budget is earmarked for capital expenditure, which includes a down payment on six JAS 39 Gripens and funding for the mid-life upgrade of the RTAF’s Lockheed Martin F-16A/Bs.

Source
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.