Azerbaijan to maintain military spending in 2012

Azerbaijan to maintain military spending in 2012
Azerbaijan's draft budget for 2012 allocates $1.77bn to defence and security, 1.2% more than in 2011.

The AZN 1,381,347,000 to be spent on defence constitutes 14.8% of total budget expenditure, 1.9% more than in 2011.

The budget also envisages state investment in defence, security, the judiciary and law-enforcement.

A total of AZN 994,629,600 ($1.26bn) is to be allocated to judicial and law-enforcement bodies, 20% more than last year.

Azerbaijan's budget for 2011, revised upwards in May, allocates AZN 1,364,796,025 ($1.74bn) to direct military spending.

If expenditure on special defence projects is included, total military spending under the 2011 revised budget is AZN 2,582,959,470 ($3.27bn).

The 2011 state budget passed at the end of 2010 set overall defence spending at AZN 2.511bn ($3.13bn), a whopping 1.187bn or 89.7% more than in 2010.

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