Did I read on here
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- Royal V.I.P
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Did I read on here
Did I read on here that Egypt spends only 2% of its economy on the forces. Well it now seems Officers have been given a 25% increase on their pensions when they retire. The two things do not go together do they.
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- Egyptian Pharaoh
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Re: Did I read on here
Why not? If the economy has increased then that more than covers an increase in pensions and still claiming to be within the 2% expenditure.
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- Egyptian God
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Re: Did I read on here
You read incorrectly.Major Thom wrote:Did I read on here that Egypt spends only 2% of its economy on the forces. Well it now seems Officers have been given a 25% increase on their pensions when they retire. The two things do not go together do they.
Sisi claimed that the economic activities of the army only accounted for 2% of the economy.
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- Egyptian Pharaoh
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Re: Did I read on here
During the latter days of the Mubarak era the military accounted for around 40% of the annual total Egyptian government expenditure, 60% of said amount was payed out to salaries etc, and the rest was spent on either new armament or maintaining its present stock.
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- Egyptian God
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Re: Did I read on here
A-Four is confusing the military's activity/involvement in the economy (40% -60% depending on whom you want to believe ) with actual expenditure.
They are not the same.
They are not the same.
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