Finance

Home page

Finance

Azerbaijan to allocate AZN 4 billion for special defense projects

04 November 2026 11:00 (UTC +04:00)

A total of AZN 4 billion will be allocated to special defense projects next year, APA reports.

This is reflected in the draft law "On the State Budget of the Republic of Azerbaijan for 2027," submitted for discussion at the Economic Policy, Industry and Entrepreneurship Committee of the Milli Majlis.

According to the draft, AZN 4,000.0 million will be allocated from the state budget's capital expenditures to finance special defense projects and measures in accordance with upcoming tasks and signed contracts, with the aim of strengthening the defense potential of the Republic of Azerbaijan and further improving the material and technical support of the armed forces.

Firuza Vahid

Azerbaijan 2027 state budget defense spending special defense projects armed forces military expenditure defense potential capital expenditures Milli Majlis