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Italy’s War Costs and Balancing Gains Across Debt
Italy reports war outlays plus new assets offset the debt rise. Ethiopia campaign costs total 12.11 billion lire by mid 1936, with 2.045 billion more appropriated. Officials argue gains include harbors, docks, roads, bridges, military equipment, and empire expansion. Interest and conversion figures suggest revenue equivalents to cover the sums.
MENTIONED IN THIS ARTICLE
Rome
Italy
Ethiopia
Ayl
Thaon di Revel
Haile-Selassie
East Africa