Public Management(Ecofin Agency) - In 2022, in a context marked by economic challenges, African countries reduced their military spending. In Africa, cumulated military spending fell by 5.3% to $39.4 billion in 2022, according to a report published on Monday 24 April by the Stockholm International Peace Research Institute (SIPRI). The report indicates that military spending in North African countries reached $19.1 billion, down 3.2% compared to the spending in 2021. The SIPRI report points out that global military spending increased by 3.7 percent in 2022, to a record $2.24 trillion. The United States, China, Russia, India, and Saudi Arabia were the top five spenders, accounting for about 63% of global military spending.

Source: The North Africa Journal April 26, 2023 16:57 UTC