US, China and Saudi Arabia’s top the list of defense expense
Khartom … News Time
The US spent $ 610bn in the first half of the expense, spending 35 percent of global defense costs while China remained second, which spent $ 228bn, added $ 12 billion to its expense. Saudi Arabia spent $ 69.4bn on defense spending last year, leaving Russia, Stockholm International Peace Research Institute reported. An investigation from Sweden has revealed in its report that the global defense spending has increased the highest in the last year due to coldfall. And America, China and Saudi Arabia have been in it. According to the Stockholm International Peace Research Institute (SIPRI) report, the global defense spending remained up to $ 1.73tn in 2017. This was 1.1 percent higher than in 2016. According to the SIPRI, their data included salaries, operation costs, weapons procurement and investigation and development equipment. According to the report, US $ 610bn was in the first position with these costs, and US spent 35 percent of global defense spending, and it is likely to increase this year’s defense budget this year. According to the SIPRI, China has ranked second in the list and spent $ 228bn and increased its $ 12 billion in comparison to 2016. Defense circles say China’s share in global exports has seen a 13 percent rise since 2008. Saudi Arabia left Russia in the 2017 List of Swedish Institution and spent $ 69.4bn last year’s defense spending.
