SECURITYDEFENSE NEWS
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.
Mentioned
Related Signal
Adjacent reporting
- Trump Has Already Spent at Least $4.7 Billion Attacking Latin America
- Making Sense of China’s Government Budget
- Aukus costs balloon with more cash and staff for submarine agency amid ongoing search for nuclear waste dump
- Pentagon asks for $54bn in pivot towards AI-powered war
- Lawmakers from both parties say CISA cuts have gone too far
- Watch live: Pentagon officials brief reporters on budget request