Saudi Arabia: 10.2% reduction in defense spending for 2022

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Saudi Arabia announced yesterday that it plans to spend 171 billion riyals ($ 45.58 billion) on defense in 2022, down 10.2% from its estimated defense of 190 billion riyals in 2021, according to forecasts in 2021. budget of the kingdom for the new year.

Saudi Arabia has announced that it will spend 201 billion rials on its armed forces in 2020, according to the same budget announcement.

The reduction in the kingdom’s defense spending for the new year translates into an indication of the escalation of the war in neighboring Yemen.

source: ΑΠΕ

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