Morocco, Algeria and Spain are increasing their respective arms budgets for the year 2023. In the case of Morocco, the finance bill, introduced into the legislative circuit, has allocated to the department of Abdellatif Loudiyi approximately 120 billion dirhams (about 12 billion dollars), against almost 116 billion dirhams a year earlier, with 7,000 new budget items.
Thanks to the rise in oil and gas prices on the world market, Algeria has increased its defense budget by 130%, compared to 2022, to reach the record amount of 23 billion dollars. , i.e. 12% of Algerian GDP, compared to 5.5% in 2022. For the first time, this sum includes 5 billion dollars to finance military operations outside Algerian territory. The Algerian army will still get supplies from Russia, which does not fail to arouse the ire of the Americans.
As for Spain, it plans to grant 12.3 billion euros to its arms budget, up 25.8% compared to 2022. The Iberian neighbor has programmed 620 million for the purchase of Eurofighter combat aircraft, 488 million for F-110 frigate from the public company Navantia, and 444 million for multi-purpose helicopters.
