Russian military expenditures

 

Actuality March 12, 2008

World military expenditures exceed $1 trillion a year, declared the director of

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the Center for Policy and International Studies Alexander Nikitin.

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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.

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He reported about this on the Moscow meeting of the research and expert council of the Collective Security Treaty Organization.

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According to him, for these purposes Russia spends less than Germany, but more than Italy.

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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.

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