Actuality March 12, 2008

World military expenditures exceed $1 trillion a year, declared the director of the Center for Policy and International Studies Alexander Nikitin. According to him, they are rather estimated at $1,3 trln. Moreover, Pentagon open expenditures total $481 bln plus $270 bln as the additional financing. He reported about this on the Moscow meeting of the research and expert council of the Collective Security Treaty Organization.

According to him, for these purposes Russia spends less than Germany, but more than Italy. The Russian military expenditures total $34 bln, Germany spends $39 bln and Italy – $32 bln. Nikitin also said that England with $52 bln and France with $53 bln outstrip Russia by military expenditures.