VOL. XLI

No. 44

2-November-1998

OPEC

Defense Spending Continues to Rise In The MENA Region

The 1998-99 assessment of military and defense spending in the MENAregion by the International Institute for Strategic Studies (IISS) shows that regionalmilitary expenditure has continued to rise, as military developments in the region havechanged very little since 1997. IISS reports that security in the region remains unstabledue to a lack of progress in the peace process, heightened activity by the...