Venezuela: Despite Severe Economic Crisis, Arms Spending Continues

Posted on August 11, 2014 • Filed under: Police/Military Activity, Venezuela reported in Venezuela, 2014 was marked by massive student protests that led to the brutal repression of the Government of Nicolás Maduro. So strange that the chavismo is not proceed in its arms race. So far year, defense spending ranks fifth in priorities, above other 36 portfolios and agencies, with a budget of 35 billion bolivars ($16 million). Last week, Venezuelan President announced the purchase of 330 teams riot, which aims to strengthen the armed forces to any new student protests. The two main providers of armaments of the Chavez regime are Russia and China. The acquisition of you AK-103 Kalashnikov rifleshas not stopped since 2005. According to the International Institute for the peace of Stockholm (Sipri), Venezuela increased its military investment by 12 per cent, in accordance with as stated by the national. Read Article

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