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Sweden to announce new defence budget

Updated måndag 13 mars 2017 kl 11.36
Published måndag 13 mars 2017 kl 11.09
försvarsuppgörelse 2017, Anders Schröder MP, Mikael Oscarsson KD, Daniel Bäckström C, Hans Wallmark M, Peter Hultqvist S
Anders Schröder (Green Party), Mikael Oscarsson (Christian Democrats), Daniel Bäckström (Centre Party), Hans Wallmark (Moderate Party), Peter Hultqvist (Social Democrats). Credit: TT

The government and three opposition parties have agreed on a new defence budget for Sweden and announced the details at a Monday press conference.

Sweden’s centre-left government and three opposition parties - the conservative Moderate Party, the Centre Party and the Christian Democrats – already have a joint agreement on the defence budget, but have been in talks for the past two months over whether to increase it. 

On Monday, newspaper Svenska Dagbladet reported that an agreement has now been met, and that was also confirmed by the defence minister’s press secretary. A press conference is due to be held at 11:30 am.

Two weeks ago, the Supreme Commander of the Swedish Armed Forces, Micael Bydén, said the budget for the 2016 to 2020 period is insufficient and that the military needs an additional SEK 6.5 billion to cover increased costs and meet the government’s targets. Bydén also said the Armed Forces needs an additional, undisclosed sum, to make up for various shortcomings.

Earlier this year, all the parties in the centre-right alliance demanded more money for defence. The Social Democrat defence minister Peter Hultqvist then said he would not be taking part in a public auction about extra money for the defence, but the talks that have now have concluded started around that time.

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