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AZERBAIJANI TO INCREASE DEFENSE SPENDING BY 3,1%
by Marianna Lazarian
ARMINFO
Tuesday, October 14, 16:57
The defense spending of Azerbaijan for 2015 will make 17.9 percent
of the state budget expenditures, APA reports.
According to the draft budget released by the Ministry of Finance, the
military expenditures for 2015 will be 3.1 percent higher than 2014.
It also includes expenditures on the financial provision of projects
and activities for special purposes. Funds are planned to be
allocated from the state budget for defense and security agencies.
Incidentally, Russia's Defense Minister Sergey Shoygu visited Baku
yesterday. According to the "Komertsant" daily, a part of Shoygu's
talks was about the arms delivery. In 2010-2012 contracts were made
between Russia and Azerbaijan for the arms delivery for about $4
billion, In 2014 Azerbaijan will buy armament from Russia for $1
billion, the daily says.
by Marianna Lazarian
ARMINFO
Tuesday, October 14, 16:57
The defense spending of Azerbaijan for 2015 will make 17.9 percent
of the state budget expenditures, APA reports.
According to the draft budget released by the Ministry of Finance, the
military expenditures for 2015 will be 3.1 percent higher than 2014.
It also includes expenditures on the financial provision of projects
and activities for special purposes. Funds are planned to be
allocated from the state budget for defense and security agencies.
Incidentally, Russia's Defense Minister Sergey Shoygu visited Baku
yesterday. According to the "Komertsant" daily, a part of Shoygu's
talks was about the arms delivery. In 2010-2012 contracts were made
between Russia and Azerbaijan for the arms delivery for about $4
billion, In 2014 Azerbaijan will buy armament from Russia for $1
billion, the daily says.