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Iran military gets financial boost to expand power

Iran’s military spending has witnessed the highest rate of increase under the government of “moderate” President Hassan Rouhani than under any other administration since the establishment of the Islamic Republic in 1979. The total official increase of its military budget under Rouhani has been nearly 65 percent: $9.29 billion in 2014, $12.02 billion in 2015, $14.5 billion in 2016 and $15.9 billion this year. Roughly a quarter of this is transferred directly into the military, ballistic missile and nuclear programs, despite Iran’s need to invest more in addressing high unemployment, increasing poverty, poor infrastructure, education and labor. The single highest increase has been designated to the Islamic Revolutionary Guards Corps (IRGC), which rose from $4.52 billion in 2016 to $7.01 billion in 2017, an increase of approximately 55 percent.

منبع

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