According to the latest report by the Stockholm International Peace Research Institute (SIPRI), global defense spending has grown to $1.8 trillion in 2018. The combined budget was the highest since 1988, according to the report. The U.S. spent almost $650 billion, …
Read More »Half of proposed budget allocated for defense, debt servicing
As the military assistance from the US been reduced, Pakistan has raised its defense spending for the year 2018-19 by around 19.6 percent, the highest increase during the government’s current tenure. To have good civil-military relations the government proposed Rs1.1 …
Read More »India is now the world’s fifth biggest defence spender
India has joined the United States and China as one of the world’s five biggest military spenders this year, as the balance of military spending shifts further towards Asia. India’s defence spending rose by 5.5% to $63.9 billion in 2017, …
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