  Azerbaijan continuously increases Defense Ministry’s budget October 12, 2010 - 14:27 AMT PanARMENIAN.Net - Azerbaijani Minister of Finance Samir Sharifov said that Azerbaijan will increase the volume of budgetary financing of the defense field by 89.7%, bringing it to 2bln 511mln manats. “1bln 325mln manats are envisaged to be allocated for defense under the 2011 draft budget. Besides, 1bln 87mln manats are planned to be allocated as per instructions of the Azerbaijani President for financing of special projects aimed at strengthening the military potential of Azerbaijan. Some funds will be provided as part of the state investment program,” Samir Sharifov said during a sitting of the Azerbaijani parliament dedicated to discussion of the 2011 draft budget. Thus, he noted that the volume of financing of the defense field will amount to 2bln 511mln manats in 2011 that is 1bln 187mln or 89.7% higher as compared with 2010. According to Sharifov, the share of defense expenditures will make 19.6% in 2011 of the total budgetary expenses against 10.7% in 2010.   Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot".   Partner news |  Latest news About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old  In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched.CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions.Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha.Armenia: Protesters march to parliament, some spend the night on street The protesters did not disperse despite heavy rain that began at around 2 a.m. local time. |
