Kenya increases spending on defence

Business Daily - 4/11/2012

Kenya increased spending on military equipment last year with the importation of eight war ships and six armoured vehicles, data from the Stockholm International Peace Research Institute (Sipri) shows. Kenya’s overall military spend rose to Sh52.2 billion ($594 million) in 2010 from Sh47.5 billion ($580 million) in 2009. The figures are adjusted for inflation and are based on a mean annual exchange rate of Sh88 to the dollar.

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