Defense Budget
Yemen’s defense spending has historically been one of the government’s three largest expenditures and is expected to remain high as a result of the reinstatement of conscription and security threats posed by terrorism and tribal conflict. The defense budget increased from US$540 million in 2001 to an estimated US$2 billion–US$2.1 billion in 2006, to which it is probably $3.5 billion by 2012. According to the U.S. government, the 2006 budget represents about 6 percent of gross domestic product.
Read more about this topic: Military Of Yemen
Famous quotes containing the words defense budget, defense and/or budget:
“Theres no telling what might have happened to our defense budget if Saddam Hussein hadnt invaded Kuwait that August and set everyone gearing up for World War II½. Can we count on Saddam Hussein to come along every year and resolve our defense-policy debates? Given the history of the Middle East, its possible.”
—P.J. (Patrick Jake)
“If violence is wrong in America, violence is wrong abroad. If it is wrong to be violent defending black women and black children and black babies and black men, then it is wrong for America to draft us, and make us violent abroad in defense of her. And if it is right for America to draft us, and teach us how to be violent in defense of her, then it is right for you and me to do whatever is necessary to defend our own people right here in this country.”
—Malcolm X (19251965)
“A budget takes the fun out of money.”
—Mason Cooley (b. 1927)