Agency WPS
DEFENSE and SECURITY (Russia)
October 27, 2006 Friday
MILITARY BUDGET OF AZERBAIJAN WILL CATCH UP WITH BUDGET OF ENTIRE
ARMENIA
President of Azerbaijan Ilkham Aliyev announced, "Our military budget
will catch up with the budget of entire Armenia and will exceed it in
the future. Naturally, this circumstance will play a key and
indispensable role in search for a just solution for the
Armenian-Azerbaijani conflict about Nagorno-Karabakh." Aliyev
released this statement speaking at a meeting of the cabinet of
ministers dedicated to discussion of social and economic results of
the first nine months of 2006. According to Aliyev, the state pays
much attention to military development. He said, "Next year, our
military budget will exceed $1 billion. I set this task two years
ago. Then our military budget amounted to $150 million."
Source: Kommersant, October 24, 2006, p. 9