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<blockquote data-quote="alex69" data-source="post: 795881" data-attributes="member: 5738"><p><strong>Asi nos ven otros.</strong></p><p></p><p><em>Economic Instability in Argentina Limits Military Advancements</em></p><p><em></em></p><p><em>By Forecast International on August 13, 2009</em></p><p><em></em></p><p><em></em></p><p><em>NEWTOWN: The legacy of Argentina’s former President Néstor Kirchner is not dead yet, but his goal of reorganizing the military by 2010 is definitively buried. With the implementation of a new defense law in 2006, it was hoped that the appropriate funding for the changes would follow. Although funding levels have seen some improvement in recent years, Argentina’s economic troubles have pushed these modernization plans to 2025.</em></p><p><em></em></p><p><em>The weakness of the Argentine economy is the nation’s most pressing threat. A negative growth outlook for the next two years has forced President Cristina Kirchner’s administration to cut military spending and scrap plans for pending upgrades and replacement programs. As long as the Argentine economy is in a slump, prospects for procurement remain dim.</em></p><p><em></em></p><p><em>The primary concern in Argentina for some time has been the economy, and the military has suffered serious budget restrictions as a result. So far this year, the government has been forced to suspend the Army’s Gaucho wheeled light vehicle program, the Navy’s new offshore patrol vessel undertaking, and the procurement of Russian Mi-17 helicopters. The pressing replacement of the Air Force’s Mirage III fighter fleet is also uncertain at this time, due to a lack of funding.</em></p><p><em></em></p><p><em></em></p><p><em><a href="http://www.defencetalk.com/economic-instability-in-argentina-limits-military-advancements-21114/">http://www.defencetalk.com/economic-instability-in-argentina-limits-military-advancements-21114/</a></em></p></blockquote><p></p>
[QUOTE="alex69, post: 795881, member: 5738"] [b]Asi nos ven otros.[/b] [I]Economic Instability in Argentina Limits Military Advancements By Forecast International on August 13, 2009 NEWTOWN: The legacy of Argentina’s former President Néstor Kirchner is not dead yet, but his goal of reorganizing the military by 2010 is definitively buried. With the implementation of a new defense law in 2006, it was hoped that the appropriate funding for the changes would follow. Although funding levels have seen some improvement in recent years, Argentina’s economic troubles have pushed these modernization plans to 2025. The weakness of the Argentine economy is the nation’s most pressing threat. A negative growth outlook for the next two years has forced President Cristina Kirchner’s administration to cut military spending and scrap plans for pending upgrades and replacement programs. As long as the Argentine economy is in a slump, prospects for procurement remain dim. The primary concern in Argentina for some time has been the economy, and the military has suffered serious budget restrictions as a result. So far this year, the government has been forced to suspend the Army’s Gaucho wheeled light vehicle program, the Navy’s new offshore patrol vessel undertaking, and the procurement of Russian Mi-17 helicopters. The pressing replacement of the Air Force’s Mirage III fighter fleet is also uncertain at this time, due to a lack of funding. [url]http://www.defencetalk.com/economic-instability-in-argentina-limits-military-advancements-21114/[/url][/I] [/QUOTE]
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