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Baku: Armenia's 2013 Defense Expenditures To Be 4.3 Times Less Than

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  • Baku: Armenia's 2013 Defense Expenditures To Be 4.3 Times Less Than

    ARMENIA'S 2013 DEFENSE EXPENDITURES TO BE 4.3 TIMES LESS THAN AZERBAIJAN'S DEFENSE EXPENDITURES

    APA
    Nov 2 2012
    Azerbaijan

    Baku. Rashad Suleymanov - APA. Armenia's defense expenditures in 2013
    state budget will be $451 million (182 778 million dram).

    APA reports quoting Armenian media that Yerevan increases the defense
    expenditures by $105 million compared to 2012.

    Deputy Finance Minister o Armenia Pavel Safaryan said addressing the
    parliament that 177 845 million dram of these funds ($439 million)
    will be exclusively used for defense spending. Moreover, 94.7 million
    dram ($233 756) will be allocated for mine clearance programs and
    expert services.

    2013 state budget revenues of Armenia are forecasted to be $2.5
    billion, expenditures $2.2 billion.

    Armenia's military expenditures are 4.3 times less than Azerbaijan's
    defense expenditures.

    Azerbaijani government plans to allocate AZN 1 528 582 000 ($1 947
    238 000) for Armed Forces, security forces and military industry.

    AZN 8180600 ($ 10432572) will be allocated for humanitarian mine
    clearance.

    Azerbaijani government plans to allocate AZN 2 910 656 000 ($3 707
    369 000) from 2013 state budget for defense expenditures.

    It includes funds for additional investments, Interior Troops and
    Special State Security Service.

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