Defense Budget
Yemen’s defense spending has historically been one of the government’s three largest expenditures and is expected to remain high as a result of the reinstatement of conscription and security threats posed by terrorism and tribal conflict. The defense budget increased from US$540 million in 2001 to an estimated US$2 billion–US$2.1 billion in 2006, to which it is probably $3.5 billion by 2012. According to the U.S. government, the 2006 budget represents about 6 percent of gross domestic product.
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Famous quotes related to defense budget:
“There’s no telling what might have happened to our defense budget if Saddam Hussein hadn’t invaded Kuwait that August and set everyone gearing up for World War II½. Can we count on Saddam Hussein to come along every year and resolve our defense-policy debates? Given the history of the Middle East, it’s possible.”
—P.J. (Patrick Jake)