Saturday, April 29, 2017

Africa's military budgets are being squeezed by the global slump in commodities - Quartz


Africa's military budgets are being squeezed by the global slump in commodities
Quartz
Subdued prices for oil and other key commodities in recent years has started to filter through to Africa's military budgets. Defense spending fell to $37.9 billion in 2016 from $50.2 billion in 2014. This marks the second consecutive year of decline in ...
World military spending: Increases in the USA and Europe, decreases in oil-exporting countries | SIPRISIPRI

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