[Skip to content]

.

10 Mar 2009 - - El Universal - Chile proposes to disclose defense spending

Military Balance 2009

 

Defense spending in Latin America and the Caribbean grew by 91 percent between 2003 and 2008, from USD 24.7 to USD 47.2 billion, according to figures released at the end of January by the International Institute for Strategic Studies (IISS).

IISS in the press icon

10 March 2009: El Universal

 

A top Chilean defense official made the proposal to South American defense ministers

 

Chile proposed on Monday that the South American Defense Council (CSD), which will be officially established on Tuesday with the participation of 12 countries in the region, should disclose the military budget of each South American country.

"It is not entirely clear how much money we are spending in defense. Therefore, one of the first agreements we reached was to implement an action plan in 2009, to disclose defense spending in a transparent manner," Gonzalo García, the Chilean Undersecretary of War, told Efe.

Defense spending in Latin America and the Caribbean grew by 91 percent between 2003 and 2008, from USD 24.7 to USD 47.2 billion, according to figures released at the end of January by the International Institute for Strategic Studies (IISS).

The main increases were recorded in Venezuela, due to arms purchases from Russia, and in the defense budgets of Colombia (13.5 percent), Brazil (10 percent), and Chile (8.3 percent).

 

 

 

The Military Balance 2009

Military Balance 2009

The Military Balance is the International Institute for Strategic Studies’ annual assessment of the military capabilities and defence economics of 170 countries world-wide. It is an essential resource for those involved in security policymaking, analysis and research.

 

Read the Editor's Forward to the  Military Balance 2009.

 

Read the Executive Summary for the  Military Balance 2009.