Home Europe

Despite the epidemic, military spending has risen worldwide

16
0

Ignoring the economic woes caused by the epidemic of the coronavirus, global military spending rose to nearly 2 trillion in 2020. Researchers said on Monday. This information has been reported by the news agency AFP.

According to a report by Sweden’s Stockholm International Peach Research Institute (SIPRI), global military spending will increase by 2.6 percent to 1.981 billion US dollars by 2020. During this time, global growth has shrunk by 4.4 percent.

Digo Lopez de Silva, one of the authors of the report, told AFP: “Global military spending growth was unexpected in such a delicate situation. The epidemic of the coronavirus was expected to reduce global military spending by 2020.

Lopez de Silva said, “But in the end, the Covid-19 failed to make a significant impact on global military spending last year.

LEAVE A REPLY

Please enter your comment!
Please enter your name here