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Azeri State Budget military expenditures grow 27.9% year-on-year

03 November 2006 16:36 (UTC +04:00)

Defense spending of the State Budget of Azerbaijan will be US $1.1bn or AZN 907m in 2007, Azerbaijani Finance Minister Samir Sharifov said during discussion of the Draft State Budget.
He said the military spending will increase by 27.9%, year-over-year, in 2007.
â€œThese expenditures also includes doubling of the salary of servicemen, pension etc. Army is the priority of Azerbaijan. We will continue to raise military budget despite dissatisfaction of some international organizations,â€? he said.
Parliament security and defense standing commission chairman Ziyafet Asgarov reiterated that some international organizations claiming that Azerbaijan is quickly getting armed is untrue.
Per capita military spending doesnâ€™t exceed any standards and doesnâ€™t violate European Convention on the Firearms. /APA/