Proposed Military Programming Law provides for investment of five billion by 2034

The proposal for a Military Programming Law, approved this Thursday by the Council of Ministers, provides for a global investment amount of 5,570 million euros until 2034, which represents “an increase of 17.5% compared to the law in force”.

In a statement, the Ministry of National Defense, supervised by Helena Carreiras, summarizes the proposal for a Military Programming Law (LPM), approved today by the Council of Ministers, which establishes public investment in means and equipment for the Armed Forces in the period between 2023 and 2034.

“The global amount of investment amounts to 5,570 million euros, which represents a growth of 17.5% compared to the law in force (plus 830 million euros)”, says the note, indicating that this is the “highest LPM ever”.

With regard to the “recovery of deficits in maintenance, support and modernization of existing means”, the proposal foresees an investment of 2,418 million euros, which corresponds to 43% of the total foreseen in the Government document. This item has, according to the ministry, “an increase in investment of more than 96% compared to that foreseen in the current LPM”.

The Government approved today in the Council of Ministers the proposal for a Military Programming Law for the period between 2023 and 2034, a diploma that establishes public investment in the maintenance, equipment and armament of the Armed Forces.