Venezuela Tops Latin America in Military Spending Cuts, Slashes Arms Budget by 34%

By Lucas Koerner | Venezuelanalysis | April 16, 2015 Caracas  – According to a new report by the Stockholm International Peace Research Institute (SIPRI), Venezuela reduced its military budget by 34 percent in 2014, leading the the region in arms spending cuts. Venezuela is followed by Uruguay, which decreased its military spending by 11 percent […]

Source