Since 2016, eur 2 billion for defence
BizLife 02.12.2021 | Beta
“After a long series of drought years with modest procurement costs for the Serbian Army, a rapid process of modernization was launched in December 2016.
In the period until 2020, 977.38 million euros were spent according to the annual reports of the budget for the economic classification related to technology,” the text reads. The portal reports that this is classification 512, which refers to the procurement of new war equipment, means of communication, defence systems for intelligence and security affairs and modernization and general overhaul of weapons. “High investments in the Serbian Army started at the end
