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Sunday, July 21, 2024

Denmark. Media: Deficit in military budget. There will be massive cuts

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The Danish army command expects that the deficit in the military budget at the end of 2024 will amount to CZK 375 million (approximately EUR 50 million). The Ministry of Defense promised to cover the missing 275 million kronor (36 million euros), the remaining 100 million kroner (approx. 13 million euros) is to be saved.

Training, exercises and operational service are limited.that is, everything that is the reason for employment in the armed forces – emphasized the head of the soldiers' trade union central, Jesper Korsgaard Hansen.

According to journalists, the reason for the cuts is “too ambitious plans and an increase in costs compared to the 2024 budget” In the first months of the year, hundreds of new soldiers and military employees were recruited, which further worsened the financial situation.

The “Ekstra Bladet” newspaper wrote in mid-June that the savings would also cover the Danish military intelligence. These services were supposed to save 100 million crowns (approx. EUR 13 million), but, as announced, due to the growing threat to security, There were to be no layoffs. The cuts included expenses for conferences, trips and representation.

Government Denmark in March he announced an increase in military spending to 2.4 percent. GDP from this year, extension of compulsory service military, as well introduction of women's conscription.

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In the years 2014-28, the Danish authorities plan to allocate an additional 40.5 billion kroner (5.4 billion euros) to defense. In addition the release of CZK 14.3 billion was announced (EUR 1.9 billion) by improving the efficiency and changing the priorities of institutions subordinate to the Ministry of Defense.

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