Iceland Ups Defence Budget By 37% Skip to content
Icelandic coast guard

Iceland Ups Defence Budget By 37%

Iceland’s defence budget for 2019 is ISK 2.185 billion ($17.7m/€15.7m), compared to ISK 1.592 billion ($12.9m/€11.4m) in 2017, Kjarninn reports. The numbers come from a report by the Minister for Foreign Affairs presented to the Parliament in April 2019. According to the Ministry for Foreign Affairs, the budget increase is largely due to four projects. […]
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