Yemen war cost Saudi $5.3bn: Minister

‘Saudi Arabia says the increase in the kingdom’s military spending in 2015 was almost entirely due to its aggression against Yemen as Riyadh struggles with a rising annual budget deficit.

Economy Minister Adel Fakeih said Monday that Saudi Arabia’s expenditure in 2015 increased by 13 percent to hit 975 billion riyals (USD 260 billion), adding that about 20 billion riyals (USD 5.3 billion) of that figure was in military and security, which he attributed to the war on Yemen.

Since launching its attacks on Yemen on March 26, Riyadh has been resisting calls for disclosing the costs of the war, which largely consists of airstrikes.’

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