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Iran plans to raise military budget by around 200%: Government spokesperson

Middle East News

2024-10-29 | 07:18

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Iran plans to raise military budget by around 200%: Government spokesperson

Iran's government plans to raise its military budget by around 200%, government spokesperson Fatemeh Mohajerani was reported as saying by state media on Tuesday, after Iran and Israel exchanged attacks in recent months.

The planned defense budget increase is part of a budget proposal that has been submitted by the government to parliament for approval.

"A considerable raise that amounts to 200% has been witnessed in the country's defense budget," Mohajerani said, giving no further details.

Reuters

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