16 Apr '12, 10pm

17 Apr: New SIPRI data: world military spending levels out after 13 years of increases

SIPRI’s research on military spending monitors developments in military expenditure worldwide and maintains the most comprehensive, consistent and extensive data source available on military expenditure. Military expenditure refers to all government spending on current military forces and activities, including salaries and benefits, operational expenses, arms and equipment purchases, military construction, research and development, and central administration, command and support. SIPRI therefore discourages the use of terms such as ‘arms spending’ when referring to military expenditure, as spending on armaments is usually only a minority of the total.

Full article: http://www.sipri.org/media/pressreleases/17-april-2012-wo...

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