Quote:
Originally Posted by ikalugin
http://data.worldbank.org/country/argentina
Says 611 billion GDP in 2013.
One percent of this (a very small budget for arms procurement in my opinion) is 6 billion USD, thus they should be more than capable of supporting a 5 year long 20 billion program. Even Chilie spends more on defense than that.
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Are those 6 billion just for procurement or the overall military budget with which they have to support the already existing army as well? That would greatly reduce the funds for new weapons.