Admiral Julio Soares de Moura Neto - Brazilian Navy

Consequently, the Brazilian Navy adjusted its budget planning except for mandatory expenses and those that would jeopardize commitments to law enforcement in Brazilian waters, search-and-rescue operations in maritime areas under Brazilian jurisdiction, and combined exercises with friendly navies and international exchange programs.

Therefore, the navy compensated in future programs and the scheduled maintenance of ships and aircraft. Construction of some ships has been postponed, and plans to acquire others were delayed. Maintenance periods of some ships and aircraft have been extended. Naturally, there was some impact on exercises and operations scheduled for 2009.

The effect of the economic crisis did not last the whole year. At the beginning of the last four months of the year, the government announced that it had been successful in its crisis containment measures and was able to increase the budget to a higher level, but still far from the one initially foreseen. Thus, during the last months of 2009 the Brazilian Navy budget recovered about half of its projected cuts with a year-end loss of 11.2 percent. Consequently, it was possible to reinstate future programs and proceed with scheduled repairs.

Finally, the prospects for 2010 are good for overcoming the effects of the global economic crisis, and the navy's budget should be higher than last year's. As a result, the needs of the National Defense Strategy will be met according to its established timetable.

 

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