:
South Africa has announced a major increase in its defense budget, most of which is going into the account for buying new weapons. The announced budgets are:
Year.........Military Budget...Procurement Account
FY00-01......$1.800 billion....$369 million
FY01-02......$2.046 billion....$546 million
FY02-03......$2.176 billion....$658 million
FY03-04......$2.318 billion....$755 million
--Stephen V Cole
