It is important that China will increase transparency in the contents of the military budget in disclosing to its neighbors and the world," Defense Minister Itsunori Onodera told reporters.
What does MB stand for?
MB stands for Military Budget
This definition appears frequently and is found in the following Acronym Finder categories:
- Military and Government
See other definitions of MB
We have 100 other meanings of MB in our Acronym Attic
- Michelle Branch
- Middle Babylonian
- Middle Button (computer mouse)
- Mike Bibby (NBA Player)
- Mikrobitti (Finnish computer magazine)
- Milan Baros (soccer player)
- Military Bank
- Military Base
- Military Battalion
- Military Brat
Samples in periodicals archive:
China's military budget for fiscal 2012-13 is 670 billion Yuan or 106 billion dollars.
For example, the military budget will be increased 127 percent over the previous year.
Yet Pentagon officials are whining that the prospect of up to $1 trillion in military budget cuts spread over the next 10 years is unacceptable and would compromise national security.
In round numbers, the military budget includes an operating budget of $549 billion, plus funding for the wars in Iraq and Afghanistan at $159 billion, for a total of $708 billion--making it the largest military budget in history.
The Chinese are increasing their military budget by almost 15 percent, as are the Russians.