Brazil's 2015 defence procurement budget will be reduced from a previously approved BRL22.6 billion (USD7.3 billion) to BRL17 billion, potentially leading to some programme delays or indefinite suspensions. The 25% reduction is due to the country's current fiscal difficulties and is meant to contribute to economic stability, the Ministry of Defence (MoD) said on 22 May. Overall federal government spending is to be cut by BRL69.9 billion. The MoD announcement follows week-long discussions in the Federal Senate revising Brazil's defence commitments and ongoing procurement processes.
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