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BAKU: Azerbaijan announces rise in military spending

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  • BAKU: Azerbaijan announces rise in military spending

    Yeni Azarbaycan, Azerbaijan
    Jan 17 2009


    Azerbaijan announces rise in military spending



    Azerbaijan will spend 2.3bn dollars on its military in 2009, President
    Ilham Aliyev has said, adding that the country always needs to be
    prepared for a military solution to the Nagornyy Karabakh conflict
    with Armenia.

    "We need to be ready to liberate our native land at any time and by
    any means. We are ready for that but we should strengthen ourselves
    even further," Aliyev was quoted as saying by the Yeni Azarbaycan
    daily on 17 January. He was speaking at a cabinet meeting the day
    before.

    Azerbaijan's military spending amounted to nearly 2bn dollars in 2008.

    Last year Azerbaijan's economy grew by 11 per cent despite the global
    economic crisis, President Aliyev said. The overall state budget for
    2009 is estimated at 18.4bn dollars, he added.

    [translated from Azeri]
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