Reduction of military budgets

Proposals for the reduction of military budgets, based on the conviction that such measures would facilitate the disarmament process and help release resources for economic and social development, were made in the General Assembly during the 1950s and 1960s. In 1973, a proposal submitted by the Soviet Union led to the adoption of resolution 3093 A (XXVIII), by which the Assembly called upon the permanent members of the Security Council to reduce their military budgets by 10 per cent and to designate a portion of the funds thus saved for the provision of development assistance to developing countries. The other permanent members of the Security Council opposed the proposal for various reasons.

Related Subject(s): Disarmament
Sustainable Development Goals:
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