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:
“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)
“We should meet each morning, as from foreign countries, and spending the day together, should depart at night, as into foreign countries.”
—Ralph Waldo Emerson (1803–1882)
“Keeping accounts, Sir, is of no use when a man is spending his own money, and has nobody to whom he is to account. You won’t eat less beef today, because you have written down what it cost yesterday.”
—Samuel Johnson (1709–1784)