Covid-19: Thailand and South Korea to significantly cut defense budgets

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It is no surprise to anyone: many countries are going to be led to reduce their defense spending in the coming months. On the one hand, the economic consequences of the crisis will not make it possible to maintain the same level of investment. On the other hand, public opinion in many countries will demand that military investments be particularly used during economic reconstruction, particularly for countries that are used to importing their weapons. Asia having been the first continent affected by the pandemic, it is logical to find the first announcements in this direction there.

As we have already mentioned, Thailand has confirmed that it wants to drastically reduce its military spending. This will be done in particular in the naval sector, for operational and political reasons that we had already discussed. Now we know more about the programs that will be impacted by these decisions. As expected, it is the navy and its submarine program that will pay the heaviest price for the reconstruction of the country.

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The Covid-19 epidemic and its economic consequences could well be long-term. The Thai Navy and Air Force's modernization programs could be particularly affected.

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