Defense Spending Jumps By 64 Percent In 5 Years

January 25 2011

Bolivia

Bolivian defense spending has increased more than 120 percent over the last 10 years, reports Mercopress (Uruguay), citing Bolivian media reports.

According to an account in El Deber (Santa Cruz), the defense budget has increased 64 percent during President Evo Morales' term in office over the last five years.

The 2011 budget is more than US$287 million.

Defense Minister Ruben Saavedra attributed the recent hikes in the budget to growth in administrative personnel and...

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