Weekly Report - 31 October 2006
PARAGUAY: Military budget increased to counter Bolivia
The Chaco War might be more than 70 years ago but the decision by Bolivia to seal a military agreement with Venezuela has caused sufficient disquiet in Asunción that the 2007 budget for the armed forces will now be increased by G120bn (US$22m), or 28%, to US$103m in response to the new strategic threat ostensibly posed by Bolivia.
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