To Sequestrate, or Not to Sequestrate. The Impact of Covid-19 on Military Budgets
... the coronavirus pandemic and resulting economic crisis will impact procurement for the world's leading armies The ongoing coronavirus pandemic combined with the resulting economic crisis is already affecting behaviors of most countries in the world,... ... purchase of military equipment worth CZK 2.9 billion (about USD 120 million). Defense budget corrections are expected in other NATO countries as well. At the same time, Secretary General of NATO Jens Stoltenberg encouraged the member states not just to ...
09.04.2020