Saudi defence spending surges 8, March 2015Posted by thegulfblog.com in Saudi Arabia.
Tags: Arms exporting, Saudi Arabia, Saudi defence spending, Saudi Iranian rivalry
The BBC has a short but interesting report on Saudi defence spending. It reports that spending in 2014 has risen by 54% to $6.5 billion. Spending is expected to rise to nearly $10bn in 2015. Around $2bn worth of equipment is supplied by the UK, with the majority coming from the US.
The deteriorating situation in various Arab states alongside rivalry with Iran are suggested as the key motivating factors. Interestingly, the domestic issues that that state is suffering from in its eastern provinces are not mentioned, nor are issues of the efficacy of its forces.
See my article from earlier in the week for a bit more detail on some issues surrounding Saudi and its defence spending.