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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 ...

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Wednesday, July 11, 2018