巴西为2027年分配了1476.8亿雷亚尔（约合270亿美元）的国防预算，其中73%用于薪资和养老金支付。仅有8.6%指定用于投资。提交国会的预算法案将决定战斗机和核潜艇项目的推进速度。
Brazil has allocated 147.68 billion reais, about $27 billion, to defence for 2027, with 73% of that going toward salaries and pension payments. Only 8.6% is earmarked for investment. The budget bill sent to Congress will shape the pace of fighter jet and nuclear submarine programmes.
巴西政府已向国会提交2027年国防预算法案，总额为1476.8亿雷亚尔，按当前汇率约合270亿美元。其中，73%指定用于人员薪资、退休福利和养老金，仅留下8.6%用于投资。
Brazil's government has sent Congress a 2027 defence budget bill totalling 147.68 billion reais, roughly $27 billion at current exchange rates. Of that, 73% is earmarked for personnel salaries, retirement benefits and pensions, leaving just 8.6% for investment.
狭窄的投资份额将直接影响主要项目的进度，包括战斗机、护卫舰、装甲车和核动力潜艇。巴西军方长期寻求装备现代化，但人员成本的重压在近期预算周期中反复拖慢了这些努力。
The narrow investment share will directly affect the pace of major programmes, including fighter jets, frigates, armoured vehicles and a nuclear-powered submarine. Brazil's military has long sought to modernise its equipment, but the weight of personnel costs has repeatedly slowed those efforts in recent budget cycles.
分析人士指出，其他南美国家面临薪资义务与资本支出之间类似的结构性压力。巴西如何处理这一权衡，将因其对未来几年区域防务采购和工业合作伙伴关系的影响而受到密切关注。
Analysts note that other South American governments face similar structural pressure between payroll obligations and capital spending. How Brazil manages the trade-off will be closely watched for its implications on regional defence procurement and industrial partnerships in the years ahead.