The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Germany to raise national defense spending in 2019

Contributed by NAMPA / Xinhua.

BERLIN, Nov. 9 (Xinhua) -- The ruling "grand coalition" in Germany has finalized negotiations over a federal budget for the year 2019 on Friday, which will witness a marked increase in national defense expenditure.
According to spending plans presented by the budgetary committee of the federal parliament (Bundestag), funding for the ministry of defense will rise from 38.5 billion euros (43.6 billion U.S. dollars) in 2018 to 43.2 billion euros in the coming year. The boost to the finances of Germany's ...



© Copyright NAMPA Tuesday 13th of November 2018 02:27:37 AM. All rights reserved.