A NATO commitment set the members’ national defense budget to 2% of each GDP in view of building a credible defense force. In this regard, Belgium is – at last – launching a major rearmament process. Its 2018 military budget includes 4.7 times more so-called engagement credits than the 2017 budget. This process means cash to be paid on delivery; therefore, it does not appear in normal operating budgets. Altogether, this involves spending €9.2 billion ($US 11.3 billion) on military equipment between 2020 and 2030.
Drawing of the Lightweight Multi-Role Armoured Vehicles VBMR "Griffon" (Illustration source: Nexter) |