Printer-friendly versionSend by emailPDF version
Development goals vs profits from the arms trade

Money spent on weaponry is being diverted from the fight against poverty, warns an Oxfam report, with the estimated total annual expenditure on arms of $900bn coming in much higher than the $60bn allocated to aid. The Oxfam report notes that military expenditure in sub-Saharan Africa rose by 47% during the late 1990s. This expenditure comes at a direct cost to the population of Africa. In the case of Tanzania, a radar system bought by the country could have provided health care for 3.5 million Tanzanians. The six billion dollars which South Africa spent on new weapons in 2003 could have purchased treatment drugs for all the country's five million AIDS sufferers for two years, says the Oxfam report.