Defence Budget Current Affairs, GK & News
The National Defence Authorisation act, 2021 was enacted by United States to specify budget, expenditure and policies of United States Department of Defence for the fiscal year 2021. The act determined the annual budget of United States as 740.5 USD. The first National Defence authorisation act, 2021 was passed in 1961. Since then, the act ..
China has increased its defence budget by 7.5 per to $177.61 billion up from last year’s $165 billion. The 2019 Defence Budget of China stood at 1.19 trillion yuan (about $177.61 billion) which is three times the Indian Defence Budget. China’s Defence Budget China’s Defence Budget growth rate stood at 7.6 per cent in 2016, ..