Azerbaijan Increases Its Military Budget

AZERBAIJAN INCREASES ITS MILITARY BUDGET

AZG Armenian Daily
17/04/2008

Regional

The Azerbaijani military budget will reach two billion dollars in
2008, announced Azerbaijani President Ilham Aliyev at the meeting of
the country’s government.

The expenses of the defense sphere were anticipated to increase to 1
billion 300 million dollars, mentioned Aliyev. However, according to
him, the increasing incomes of the country let them review the state
budget and increase military appropriations.

Aliyev also announced that he intends to develop Azerbaijani
military-industrial complex.

Touching upon the settlement of Karabakh conflict Aliev again announced
that Azerbaijan will not compromise on the issue of its territorial
integrity, "Noyan Tapan" agency reported.