Irfaan Ali, President of Guyana, addressing the UN General Assembly in 2021. Photo: UN.
In the past year, the Cooperative Republic of Guyana reported the world’s highest relative increase in military spending.
The figure was released according to a report by the Stockholm International Peace Research Institute (SIPRI).
On a global scale, this was the largest increase since the end of the Cold War. SIPRI’s research found that Guyana recorded the largest annual percentage increase in military spending in the world, at 78%.
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The SIPRI report further noted that this development occurred alongside the largest global increase in military spending since the end of the Cold War, marking a significant shift in regional security dynamics.
(Ăšltimas Noticias) by Reinaldo Linares
Translation: Orinoco Tribune
OT/JB/SH
