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Will Iran increase its military budget by 200% by the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Iranian government budget reports and official announcements
Story
Iran to Raise Military Budget by 200% Amid Escalations with Israel
Oct 29, 2024, 08:13 AM
Iran's government plans to raise its military budget by around 200%, government spokesperson Fatemeh Mohajerani announced on Tuesday via state TV. The proposed increase, which would raise military expenditures from $10.3 billion to $30.9 billion, is part of a broader fiscal proposal submitted to parliament. The decision follows recent escalations with Israel after a series of retaliatory missile strikes in recent months.
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