TEHRAN: Iran’s authorities has proposed to triple its army price range, its spokeswoman mentioned Tuesday, as tensions with arch-rival Israel rise following latest tit-for-tat missile strikes.
Authorities spokeswoman Fatemeh Mohajerani outlined the transfer that might see “a big enhance of greater than 200 p.c within the nation’s army price range” at a information convention in Tehran.
She didn’t elaborate and Tehran has not disclosed any figures, however in keeping with the Stockholm Worldwide Peace Analysis Institute assume tank, Iran’s army spending in 2023 was about $10.3 billion.
The proposed price range can be debated, with lawmakers anticipated to finalise it in March.
Iran and Israel on Monday accused one another of endangering Center East peace in a heated trade at a UN assembly.
It got here days after Israel carried out strikes on Iran in response to an October 1 missile barrage that the Islamic republic launched in opposition to Israel.
The Iranian military reported 4 troopers killed and injury to “radar programs”.
Iran’s October 1 strike, involving 200 missiles, was in retaliation for assaults that killed the leaders of the Iran-backed teams Hamas and Hezbollah, in addition to one among its personal commanders.
“All efforts have been made to satisfy the nation’s defence wants and particular consideration has been paid to this challenge,” the federal government spokeswoman Mohajerani mentioned.
The regional tensions flared after Israel launched a army offensive within the Gaza Strip to get rid of the Palestinian Islamist group Hamas in response to the unprecedented October 7, 2023 assaults on Israel.
Since final month, Israel has additionally been battling Lebanon’s Hezbollah motion.
