Thursday, July 8, 2010
Reconstruction, Police Expenses Highlight Yearly Plan
Chile is setting aside $446 million to rebuild the earthquake-ravaged Asmar shipyard and Talcahuano naval base. That's one of the largest items in an annual program outline provided by the government. The funds for those navy projects will come from the so-called copper law, which earmarks a portion of sales from the state-owned copper company for defense acquisitions. Also, some $1.7 million will be spent to fix or rebuild police stations and jails, which will mean postponing other infrastructure programs for the Carabineros. Other noteworthy items in the budget: A joint-forces exercise on disaster response; a command and control system for the army; upgrades to the two Type 209 submarines; upgrades to the Cougar naval helicopers; night-flying training for the air force; and beefing up police forces. Chile is going ahead with multinational training exercises, such as Panamax and Cruzex.