Singapore Announces a 6.5 per cent İncrease in its Defence Budget for 2022
The plan for 2022 comprises SGD15.76 billion for operations, with SGD15.71 billion designated for "military spending." This marks a 6.5 per cent increase year over year.
According to the government, military expenditure includes payments for the procurement of military equipment, its maintenance, and military salaries. The government released no new information about its 2022 defence spending plans.
This increase is not a surprise since the Australia – AUKUS deal. Australia tends to increase its naval force In the region in order to protect its EEZ against China. China pursues a naval race. Indonesia has recently decided to upgrade both its navy and air force. As a result, Singapore was expected to answer to changing situation.