Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Report: Military spending growth rate in Romania, highest in the world

Romania’s military expenditure increased by 50% between 2016 and 2017, this being the highest rate of growth in the world, according to a report drawn up by Stockholm International Peace Research Institute (SIPRI). The growth rate, which translated into a military spending of USD 4 billion, was due to the fact that Romania started to implement its military modernization and expansion plan for 2017–2026, the report ...

Article accessible to subscribers only. Please login or subscribe.

More

Daily

Wednesday, July 11, 2018