{"id":74833,"date":"2019-05-01T18:46:13","date_gmt":"2019-05-01T23:46:13","guid":{"rendered":"http:\/\/persian-heritage.com\/wordpress\/?p=74833"},"modified":"2019-05-01T18:46:13","modified_gmt":"2019-05-01T23:46:13","slug":"irans-military-expenditure-declines-in-2018-due-to-economic-problems","status":"publish","type":"post","link":"https:\/\/PERSIAN-HERITAGE.COM\/en\/2019\/05\/01\/irans-military-expenditure-declines-in-2018-due-to-economic-problems\/","title":{"rendered":"Iran&#8217;s Military Expenditure Declines in 2018 Due To Economic Problems"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-74836\" src=\"http:\/\/persian-heritage.com\/wordpress\/wp-content\/uploads\/2019\/05\/EnglishWEB.jpg\" alt=\"\" width=\"290\" height=\"200\" srcset=\"https:\/\/PERSIAN-HERITAGE.COM\/wp-content\/uploads\/2019\/05\/EnglishWEB.jpg 290w, https:\/\/PERSIAN-HERITAGE.COM\/wp-content\/uploads\/2019\/05\/EnglishWEB-150x103.jpg 150w, https:\/\/PERSIAN-HERITAGE.COM\/wp-content\/uploads\/2019\/05\/EnglishWEB-24x17.jpg 24w, https:\/\/PERSIAN-HERITAGE.COM\/wp-content\/uploads\/2019\/05\/EnglishWEB-36x25.jpg 36w, https:\/\/PERSIAN-HERITAGE.COM\/wp-content\/uploads\/2019\/05\/EnglishWEB-48x33.jpg 48w\" sizes=\"auto, (max-width: 290px) 100vw, 290px\" \/>VOA &#8211; A new report released by the Stockholm International Peace Research Institute on world military expenditure (SIPRI) on April 29 has assessed Iran&#8217;s military spending in 2018 as more than $13 billion. According to its official website, &#8220;SIPRI monitors developments in military expenditure worldwide and maintains the most comprehensive, consistent and extensive data source available on military expenditure.&#8221; The report released on Monday says Iran has ranked 18th in the world last year in terms of military expenditures. SIPRI observed that during 2018, Iran&#8217;s military expenditure has declined by about 9.5 percent in comparison to the 2017. SIPRI has assessed that the decline in Iran&#8217;s military expenditure during 2018 was due to a variety of reasons including economic problems, a reduction in the country&#8217;s Gross Domestic Product, and unusually high inflation.<\/p>\n<p><!--more-->Iran\u2019s economy faced a crisis in 2018, with its currency declining four-fold against major currencies and its oil exports, which generate most of its income, reaching one million barrels a day from a high of 2.5 million. New U.S. sanctions played a major role in the sudden deterioration of Iran\u2019s economy.<\/p>\n<p>However, in spite of a decline in Iran&#8217;s oil revenues as a result of U.S. sanctions, last year, Iran withdrew sums from its foreign currency reserves to spend on its regional military ambitions.<\/p>\n<p>In a bigger picture, Iran has spent a total of close to $140 billion on its military ambitions during the past 10 years, the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VOA &#8211; A new report released by the Stockholm International Peace Research Institute on world military expenditure (SIPRI) on April 29 has assessed Iran&#8217;s military spending in 2018 as more than $13 billion. According to its official website, &#8220;SIPRI monitors developments in military expenditure worldwide and maintains the most comprehensive, consistent and extensive data source [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[20],"tags":[],"class_list":["post-74833","post","type-post","status-publish","format-standard","hentry","category-featured"],"translation":{"provider":"WPGlobus","version":"3.0.2","language":"en","enabled_languages":["fa","en"],"languages":{"fa":{"title":true,"content":true,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false}}},"_links":{"self":[{"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/posts\/74833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/comments?post=74833"}],"version-history":[{"count":0,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/posts\/74833\/revisions"}],"wp:attachment":[{"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/media?parent=74833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/categories?post=74833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/tags?post=74833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}