Military Budget

The US Senate Committee on Armed Forces has approved a defense budget of $ 740 billion, according to voting results, learned BulgarianMilitary.com citing RIA Novosti..

According to Indian media reports, the country's Ministry of Defense has approved an additional purchase from the state administration of weapons factories 156 produced under the license of BMP-2/2K "Sarath"

China’s military budget in 2020 will grow by 6.6% and reach 1.27 trillion yuan ($ 178.8 billion), follows from the country's 2020 draft budget published on Friday, learned BulgarianMilitary.com.

Bulgaria plans to spend 4.4 billion levs ($2.64 billion/2.25 billion euro) on defence and security next year, figures from the 2018 draft budget proposed by the finance ministry showed on Monday. The planned expenditure represents 4.2% of the gross domestic product (GDP) projected for 2018, the ministry said in a statement. Budget draft 2018…

The Ministry of Defense will want in the next budget to allocate BGN 90 million for the modernization of our warships. This was announced by the Minister of Defense in Varna, where the 138th anniversary of our navy was celebrated, reported bTV. This kind of troops have existed in Bulgaria since 12 August 1879, when the Danube fleet was…