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Tag: 2023 budget

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Italy Approves $20.6B in 2023 Budget to Fund Weapons Procurement

The Italian government has allocated around $20.6 billion of its 2023 budget to defense spending for the acquisition of new weapons. Rome’s latest budgeting document shows plans to purchase new tanks, fighting vehicles and rocket launchers. According to Defense News, officials delayed the document’s release to accommodate the military’s updated requirements following Russia’s invasion of...