Spending
The CIA World Factbook estimates the military budget of Chad to be 4.2% of GDP as of 2006.. Given the then GDP ($7.095 bln) of the country, military spending is roughly estimated to be about $300 million.
Read more about this topic: Military Of Chad
Famous quotes containing the word spending:
“I have been spending my first night in an American “summer hotel,” and I despair of the Republic! Such dreariness, such whining callow women, such utter absence of the amenities, such crass food, crass manners, crass landscape!... What a horror it is for a whole nation to be developing without a sense of beauty, and eating bananas for breakfast.”
—Edith Wharton (1862–1937)
“Something magical happens when parents turn into grandparents. Their attitude changes from “money-doesn’t-grow-on-trees” to spending it like it does.”
—Paula Linden (20th century)
“This spending of the best part of one’s life earning money in order to enjoy a questionable liberty during the least valuable part of it reminds me of the Englishman who went to India to make a fortune first, in order that he might return to England and live the life of a poet. He should have gone up garret at once.”
—Henry David Thoreau (1817–1862)