Government hides total cost of frigates: Defense and Finance ministries refuse to reveal the value of interest
Politics

Government hides total cost of frigates: Defense and Finance ministries refuse to reveal the value of interest

Jornal de Negócios31 August 2026 at 08:28

The Ministries of Defense and Finance are not revealing the total cost of interest related to the purchase of frigates from the United Kingdom, referring questions to each other. Both ministries refuse to specify the value of interest associated with the Type 23 frigate program, which was acquired in the 1990s.

The case involves frigates purchased from the United Kingdom, a program that has been subject to public and political scrutiny. Government authorities have avoided directly answering questions raised about the total financial charges, including the component related to interest on the debt associated with the acquisition.

The lack of transparency comes amid growing concern over the costs of defense programs and the country's indebtedness. Several political parties and media organizations have been requesting clarification on the real costs of these military acquisitions.

The two ministries do not provide a coordinated response, making it difficult for citizens to access fundamental information about a significant public investment. The situation remains without a clear official explanation regarding the total value the country will have to pay in interest for this military acquisition.

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