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Sign in to searchRising Military Expenditure and the Erosion of Peace-Oriented Development
The United Nations has raised serious concern over the accelerating global trend of increased military expenditure at the cost of social and developmental investments. UN Secretary-General António Guterres, in the World Economic Situation and Prospects 2026 report, warned that governments worldwide are prioritising “instruments of war” over “investments in peace,” even as g
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UN warns rising military spending ($2.7T in 2024) undermines peace-oriented development. Global arms race threatens human capital and social investment amid geopolitical tensions.
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