Iran recently signed an accord with P5+1 to suspend its
nuclear program in an exchange for sanctions relief. Under the deal, Iran will
receive nearly $150 billion in sanctions relief and cash assets. It is expected
that Iran will spend the money to fund its global terrorism operation, as well
as its defense sector.
Iran is spending about 3.5 percent of its total budget on
defense. About 65 percent of this money is spent on Iran’s Revolutionary Guard
Corps (IRGC), the force that coordinates and conducts terror activities all
around the world. The cash released by the sanction released will let Iran to
put another $4.8 billion into its current defense budget.