$1.77 billion to be allocated from Azerbaijan’s state budget 2012 for military purposes

AZN 1 381 347 000 ($1.77 billion) is designated in the defense and security section of Azerbaijan’s state budget 2012 for the Armed Forces and security events. The funds that will be allocated for defense and security are 1.2 % more compared with 2011.

According to the state budget 2012, defense and security expenses will make up 14.8% of the total expenses of the state budget. This is 1.9 % more compared to the total expenses of the state budget 2011.

The government investment expenditures also envisage investment expenditures for defense, security, judicial and law-enforcement bodies.

AZN 994 629, 6 million is designated for judicial and law-enforcement bodies, 20% more compared to last year.


/APA/