plus yesterday myefo: defence — the increase in expenses from...

plus yesterday myefo:

defence — the increase in expenses from 2014‑15 to 2017‑18 reflects the Government's commitment to recapitalise Defence and put its funding back on an achievable and realistic growth path towards 2 per cent as a share of GDP by 2023‑24. The increase is partially offset by the Government shifting funding within the Defence budget away from expenses in favour of capital expenditure, to improve defence capability;

2% GDP is lots lots of money.