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Weapons spending is the highest in the world.

If the economy is not strong, its defense is not strong

By Shah HussainPublished 2 years ago 5 min read
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It is believed that unless a country's economy is strong, its defense cannot be strong and it is very important for the economy to be strong for the defense to be strong. The two are integral to each other, but the economy and defense can only be strong if there is political stability. Russia. The Ukraine war has put the global energy crisis and commodity inflation on the world stage, a test for developed, developing and poor countries. Large economies are being affected by the effects of the war, and there are fears that if the problem is not addressed in the future, the economies of many countries will not be able to stand on their own two feet and a tsunami of crises will hit many countries. Will destroy together.Apparently, Russia faced US and European sanctions after the invasion of Ukraine, which was aimed at weakening Russia economically and causing global isolation, but its negative effects began to affect Europe and the United States itself. Are Keep in mind that Russia exports a large portion of its commodities and energy to the world

Europe is running its economy on energy from Russia, Russia will not be banned from importing petroleum products unless all EU countries agree, and on the other hand, it has left no stone unturned in Ukraine's military aid to weaken Russia. Every method is being adopted for However, after the 100-day war, a surprising situation has emerged that despite the war, Russia has achieved 93 billion euros (93 billion) by achieving the target of 61% of its energy exports. While its currency has also seen a dramatic rise since 2015 against the dollar, the main reason is the purchase of the Russian currency, the ruble, as an alternative currency to the dollar. Experts believe that the main reason for the rise in the value of the ruble is the decision of the Moscow government to make payments to European nations for the purchase of gas and oil in rubles instead of euros. Yuri Popov, a strategist with Russia's largest Sabir or CI Bank, agrees.

Given the example of dew, it can be assumed that if a country's economic situation is stable, it can strengthen itself on a defensive footing, and even if it joins the war, it does not pose any particular threat. But this justification does not mean that war should be considered good in any case because war in any case brings destruction, ruin and weakening of infrastructure as well as difficulties for the people. Strengthening a country's defense is also linked to its economic condition. It can be surmised that the United States is currently embroiled in some kind of conflict around the world. It has a big impact. The global epidemic has knocked out large developed economies,the United States could not live without being affected by this epidemic, the US military spending in 2021 was 801 billion dollars, which is one point four compared to Military spending fell from 3.7 percent of GDP in 2020 to 3.5 percent in 2021, but the United States still spends the most on the military The top five countries. The countries with the highest military spending in the world during the year 2021 were the United States, China, India, Britain and Russia respectively. These five countries accounted for 62% of the world's total military spending.The United States and China alone accounted for 52 percent of global military spending. This is the 27th consecutive year that China's defense spending has risen to 3 293 billion last year, while Russian defense spending rose for the third year in a row in 2021.

The United States focuses more on its defense to protect the economy, but in contrast, China has emerged as a power that is constantly increasing its military might to help the economy succeed. When it comes to manpower, no other country can compete with the Chinese army According to the report of Goble Fire Power, the number of active troops of China is two million while the number of American troops is 1.4 million. The United States ranks first, Russia and China second and third, respectively, in the list of the world's total military powers. Allocated, which is 4.7% more than in 2020. China's military spending has risen for 27 consecutive years. In 2021, the Chinese budget topped the list under the 14th Five-Year Plan, which will last until 2025. Russia also increased its military spending by 2.9 percent to 65 65.9 billion compared to the United States.۔ They went as they were preparing their troops near the Ukrainian border, with Russia's military budget reaching 4.1 percent of GDP in 2021. Russia increased by 48.4% at the end of 2020, which is 14% more than electricity.

Analyzing Ukraine now, it has increased military spending by 72% since Crimea affilivated in 2014, but in 2021 military spending fell to just 9 5.9 billion, which is still 3.2% of the country's GDP.Pakistan's neighbor India spent 76.6 billion on its military spending in 2021, making it the world's third-largest military spender. Indian military spending was 0.9 per cent higher than in 2020 and 33 per cent higher than in 2012. Another neighbor, Iran, increased its military budget to 21 24.6 billion in 2021 for the first time in four years. Funding for the Islamic Revolutionary Guard Corps increased by 14% in 2021, compared to 2020, accounting for 34% of Iran's total military spending. Compared to all these countries, according to a recent report by the Stockholm International Peace Research Institute (SIPRI), Pakistan is ranked 23rd in the list of 40 military spending countries.According to the SIPRI Military Expenditure Database and the Military Balance of the International Institute for Strategic Studies, Pakistan spends 2.54 GDP. Despite the risks, Pakistan's defense spending is much lower than other countries in the region, the only reason being the weak economy.For which political instability was increased. Pakistan needs more military spending for its defense. However, despite the economic crisis, the role of Pakistan's armed forces in the country's defense should be appreciated. And for that, political instability must be eliminated by all stakeholders working together in the national interest.

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About the Creator

Shah Hussain

i am a physicist (Ms physics) and freelance writer, who have 5 years of experience in the field of freelance writing. I also offer paraphrasing/rewriting services to my clients.I love to work on subjects like Teaching & fitness, fashion...

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Comments (3)

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  • Bacha khan2 years ago

    Excellent

  • Bacha khan2 years ago

    Very intresting informations

  • M.Khan2 years ago

    Wow❤❤❤

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