ARMS SPENDING BY N.A.T.O.
10 p.c. Rise This Year (N.Z. Press Association— Copyright) (Rec. 8 pan.) PARIS, December 15. Defence expenditures in all North Atlantic Treaty countries m 1953 will total 65,500,000,000 dollars—nearly 10 per cent, above the 1952 figure, it was officially announced today.
. nno nnn anadi A an . aid P ro S ra ’nmes will total between 3,000,000,000 and 4,000,000,000 dollars aeainst 2,100,000,000 dollars in 1952. American andl Canadian aM was expected to continue at a high level in 1954, the announcement added.
The N.A.T.O. Council approved the build-up for next year, providing for an increase of about 25 per cent, in the Air Force, lo per cent m the Navy and 5 per cent, in major Army units over this year’s figures.
rnnn Th . e front :« ne * ren Sth is at present 40 divisions and 5000 planes with o 3 reserve divisions, including those from Greece and Turkey.
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Press, Volume LXXXIX, Issue 27225, 17 December 1953, Page 11
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151ARMS SPENDING BY N.A.T.O. Press, Volume LXXXIX, Issue 27225, 17 December 1953, Page 11
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