Healey’s appointment throws open UK debate on multilateral defence funds

The DSRB [Defence Security and Resilience Bank] proponents will say the MDM [Multilateral Defence Mechanism] is not really a provable concept, and a lot of the mechanisms seem to be a little bit blurry at the moment, but the distribution mechanism in the MDM is relatively clear in my eyes...Countries in the MDM can decide what kind of joint procurement project money goes to, and it's sovereign governed unlike [EU funding mechanism] SAFE, which the EU Commission is deciding on, so member states of the MDM can set their own rules.”