Iran to raise military budget by around 200%, government spokesperson says
The planned defense budget increase is part of a budget proposal that has been submitted by the government to parliament for approval.
An Iranian missile is displayed during a rally marking the annual Quds Day, or Jerusalem Day, on the last Friday of the holy month of Ramadan in Tehran, Iran April 29, 2022.(photo credit: MAJID ASGARIPOUR/WANA (WEST ASIA NEWS AGENCY) VIA REUTERS)Updated: