• Friday, November 22, 2019

Saudi Arabia announces 20% defence budget increase

Discussion in 'Arab Defence Forum' started by Arabian Legend, Aug 28, 2014.

  1. Arabian Legend

    Arabian Legend SENIOR MEMBER

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    Saudi Arabia announces 20% defence budget increase


    • Saudi Arabia has announced a defence budget of SAR302.9 million: a 20.5% increase over the previous year
    • It is the highest annual defence and security increase since 2007, and represents the largest share of total national spending since 2001
    Saudi Arabia has increased expenditure on defence and security by 20.5% to SAR302.9 billion (USD80.8 billion for 2014), the largest nominal annual increase in the budget since 2007.

    According to data released by the Saudi Arabian Monetary Agency (SAMA) on 12 June, spending on defence and security will increase to 35.4% of total national spending; the highest level since 2001.

    Saudi Arabia announces 20% defence budget increase - IHS Jane's 360
     
    Last edited: Aug 28, 2014
  2. Falcon29

    Falcon29 ELITE MEMBER

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    This figure is shocking to most but not to me. I hope KSA makes greatest use of this budget. With this budget there must be people who could deliver. Don't keep buying weapons from foreign nations. Get licenses to produce from them.

    With 80$ billion budget you must be very capable. That is four times Turkey/Israel budget but Saudi Arabia needs to get itself to a point where it could fair well against developed nations with 20$ billion budget.
     
  3. Horus

    Horus ADMINISTRATOR

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    KSA is is going through a transition stage. I hope this amount of cash is used for building a befitting military industrial complex.
     
  4. SenLin

    SenLin FULL MEMBER

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    Having much Oil seems to be really nice.
     
  5. Dodo Bobo

    Dodo Bobo FULL MEMBER

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    :cheesy:

    $80 billion
     
  6. Mosamania

    Mosamania ELITE MEMBER

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    The increase is because of the Navy's deal(s). The Navy if reports I heard were true is going to become the forward facing force of KSA in the future in stead of the Air Force. KSA wants to absorb the US's role in the region. And that is a large undertaking.
     
  7. Falcon29

    Falcon29 ELITE MEMBER

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    What lead you to this conclusion?
     
  8. Horus

    Horus ADMINISTRATOR

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    Growing threat of Indian Navy.
     
  9. bhangi bava

    bhangi bava BANNED

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    how could India be threat to Saudi arabia
     
  10. Horus

    Horus ADMINISTRATOR

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    How is Chinese Navy a threat to you?
     
  11. Falcon29

    Falcon29 ELITE MEMBER

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    Are you trolling us? :D
     
  12. bhangi bava

    bhangi bava BANNED

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    have u read history
     
  13. Horus

    Horus ADMINISTRATOR

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    Have you?

    Go ask a Saudi sailor who do they train 'against' as potential adversaries.

    Iranian Navy will be blown to pieces by Saudi Air Force. They can establish air dominance in matter of hours. So if RSAN's focus is not on Iran than on who?

    They are buying Lockheed Martin LCS for Iran, to fight in Green Waters - but who the Arleigh Burke Class Destroyers and FREMM class frigates and Marlin Class or U-214 class subs for - that too 6 of them ?
     
  14. Falcon29

    Falcon29 ELITE MEMBER

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    Could that be as a result of Saudi/Pakistan ever improving ties in your opinion?
     
  15. bhangi bava

    bhangi bava BANNED

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    yep India & china had a war in past cant say about Saudi arabia