'Military spending accounted for 15 percent of state budget last year'

'Military spending accounted for 15 percent of state budget last year'

In 2013, complex measures were undertaken in order to equip Azerbaijan`s Armed Forces with modern hardware and facilities, as well as to further improve social welfare of servicemen, said Finance Minister Samir Sharifov.

Speaking to a meeting of the Cabinet of Ministers chaired by President Ilham Aliyev to discuss results of the country`s socio-economic development in 2013 and outline tasks for 2014, the Minister pointed out that the military spending accounted for 15 percent (AZN 2,267,000,000) of the state budget last year.

(AzerTag)

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