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The Nexus
SECURITYMay 29 · 12:05 UTCDEFENSE NEWSNick Lee-Frampton

New Zealand budget spares defense, intelligence agencies from cuts

New Zealand’s Defence Force and intelligence agencies will receive $4.3 billion in 2024, exempt from budget cuts, with funds allocated for personnel, fleet maintenance, drone programs, and the Defence Capability Plan. Finance Minister Nicola Willis emphasized increased global volatility, while $42 million addresses the 2024 HMNZS Manawanui sinking cleanup.

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