VOL. XLV
No 46
18-November-2002
BUDGETS AND REVENUES
IISS Says MENA Defense Expenditure Rose To $67Bn In 2001
The total defense expenditure of Middle East and North African (MENA) countries rose 11% in 2001 from $60.7bn in 2000 to $67.4bn on the back of high oil prices in the second half of 2000 and early 2001, according to The Military Balance 2002-2003 published by the International Institute for Strategic Studies (IISS) in London. The Palestinian intifada that started in September 2000 and...
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