Expenditure
The estimated Sterling figure (FY04/05) was £365 million which came from the UK defence budget. This equates to a US Dollar figure (FY04/05) of $657 million and as a percent of British GDP (2004) amounts to approximately 0.03%.
Read more about this topic: Military Of The Falkland Islands
Famous quotes containing the word expenditure:
“To predict the behavior of ordinary people in advance, you only have to assume that they will always try to escape a disagreeable situation with the smallest possible expenditure of intelligence.”
—Friedrich Nietzsche (1844–1900)
“The bread-winner must toil as in the fruitless effort of a troubled dream while the expenditure of an uneducated wife discounts the income in the lack of understanding to discern the broad possibilities of an intelligent economy.”
—Anna Eugenia Morgan (1845–1909)
“War-making is one of the few activities that people are not supposed to view “realistically”; that is, with an eye to expense and practical outcome. In all-out war, expenditure is all-out, unprudent—war being defined as an emergency in which no sacrifice is excessive.”
—Susan Sontag (b. 1933)