Allocation of nearly AZN 4 bln. considered for defense and national security from budget next year

Allocation of nearly AZN 4 bln. considered for defense and national security from budget next year
  • Clock-gray 11:45
  • calendar-gray 03 September 2020

Special amount of funds, which is expected to be allocated for defense and national security expenditures from state budget of Azerbaijan for next year has been announced, APA reports citing statement of the Ministry of Finance of the Republic of Azerbaijan on primary indicators of state and consolidated budgets for 2021.

15.3% of budget expenditures is expected to be allocated for the field of defense and national security next year.

Note that revenues of the state budget of Azerbaijan for 2021 is forecasted to be AZN 24 327,0 mln., while expenditures AZN 25 847,5 mln. Thus, more than AZN 3,954 billion will be allocated for defense and national security expenditures next year.

Saljug Elchin

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