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:
“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)
“Economy does not lie in sparing money, but in spending it wisely.”
—Thomas Henry Huxley (1825–95)
“Chance is the one thing you can’t buy.... You have to pay for it and you have to pay for it with your life, spending a lot of time, you pay for it with time, not the wasting of time but the spending of time.”
—Robert Doisneau (b. 1912)