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:
“Economy does not lie in sparing money, but in spending it wisely.”
—Thomas Henry Huxley (1825–95)
“We can’t forever be spending our lives paying for political follies that never gave us anything but always took from us, and I am content with the narrowest metes and bounds provided I have peace and quiet for work.”
—Stefan Zweig (18811942)
“Its idea of “production value” is spending a million dollars dressing up a story that any good writer would throw away. Its vision of the rewarding movie is a vehicle for some glamour-puss with two expressions and eighteen changes of costume, or for some male idol of the muddled millions with a permanent hangover, six worn-out acting tricks, the build of a lifeguard, and the mentality of a chicken-strangler.”
—Raymond Chandler (1888–1959)