Connect with us

Hi, what are you looking for?

Jewish Business News

World News

The Cost Of Fighting ISIS Compared To Iraq & Afghanistan

Islamic State  isis explosion

 

So far, $6.2 billion has been allocated for military operations against the so-called Islamic State, according to the U.S. Department of Defense. Most of that, $5.4 billion, was allocated for fiscal year 2015 with the campaign costing an estimated $11 million each day. Even though the conflict in the Afghanistan is winding down, it still cost the U.S. over $35 billion in 2015 while another $30 billion was allocated to a Pentagon “slush fund” not directly related to conflict but used to evade legislated budget caps. Since 2001, a grand total of $715 billion has been spent on the war in Afghanistan while Iraq cost somewhere in the region of $1.64 trillion.

 

How Does ISIS Fund Itself?

Late last week, RAF warplanes launched their first bombing raids on Syria, targeting the Omar oilfield in the eastern part of the country. The extensive oil infrastructure across Syria and Iraq has made the so-called Islamic State one of the richest terrorist organisations in history, providing the group with an estimated $500 million every year, according to a recent Bloomberg report.

Kidnap and ransom bring in an estimated $45 million each year while foreign donations are worth approximately $5 million. One of the so-called Islamic State’s most important resources is seldom mentioned and that’s farmland. Fertile agricultural territory controlled by the group across Syria and Iraq could potentially generate over $200 million every year, according to a Thomson Reuters report.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

 

 

 

This chart shows total war funding allocated through the Overseas Contingency Operations fund (2001-2015).

Infographic: The Cost Of Fighting ISIS Compared To Iraq & Afghanistan | Statista

You will find more statistics at Statista

Newsletter



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

History & Archeology

A groundbreaking discovery in the Manot Cave in the Western Galilee, Israel has unearthed the earliest evidence in the Levant (and among the world's...