Saudi Arabia decreases defense spending to $46 billion (Agnes Helou, Defense News)

Saudi Arabia will spend 171 billion riyals (U.S. $46 billion) on its military in 2022, about a 10% decrease from the 2021 defense budget of 190 billion riyals, according to the kingdom’s budget statement.

Abdullah Al Junaid, a Bahraini strategic expert and political researcher, told Defense News that the reason for the decrease is twofold: The move is part of the kingdom’s local production strategy, and the second is due to the near completion of several defense deals.

Saudi Arabia decreases defense spending to $46 billion (defensenews.com)

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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