Bank Of Baku

Azerbaijan earmarks $2 billion for defense and security expenses in 2009

Azerbaijan earmarks $2 billion for defense and security expenses in 2009
# 07 November 2008 12:53 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. Azerbaijan plans to spend $2 billion on defense and security in 2009, said Samir Sharifov, Minister of Finance.
He added that the funds will go to the fields of defense and security under control of the government.
The 2009 state budget envisages AZN 1.205 billion for defense expenses.
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