Budget
Most analyses of North Korea’s defense sector estimate that defense spending constitutes between one-quarter and one-third of all government spending. As of 2003, according to the International Institute of Strategic Studies, North Korea’s defense budget consumed some 25 percent of central government spending. In the mid-1970s and early 1980s, according to figures released by the Polish Arms Control and Disarmament Agency, between 32 and 38 percent of central government expenditures went towards defense.
Read more about this topic: Korean People's Army
Famous quotes containing the word budget:
“A budget takes the fun out of money.”
—Mason Cooley (b. 1927)
“We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.”
—Ronald Reagan (b. 1911)
“You can fool all the people all the time if the advertising is right and the budget is big enough.”
—Joseph E. Levine (b. 1905)