Baku: Armenia’s 2013 Defense Expenditures To Be 4.3 Times Less Than

ARMENIA’S 2013 DEFENSE EXPENDITURES TO BE 4.3 TIMES LESS THAN AZERBAIJAN’S DEFENSE EXPENDITURES

APA
Nov 2 2012
Azerbaijan

Baku. Rashad Suleymanov – APA. Armenia’s defense expenditures in 2013
state budget will be $451 million (182 778 million dram).

APA reports quoting Armenian media that Yerevan increases the defense
expenditures by $105 million compared to 2012.

Deputy Finance Minister o Armenia Pavel Safaryan said addressing the
parliament that 177 845 million dram of these funds ($439 million)
will be exclusively used for defense spending. Moreover, 94.7 million
dram ($233 756) will be allocated for mine clearance programs and
expert services.

2013 state budget revenues of Armenia are forecasted to be $2.5
billion, expenditures $2.2 billion.

Armenia’s military expenditures are 4.3 times less than Azerbaijan’s
defense expenditures.

Azerbaijani government plans to allocate AZN 1 528 582 000 ($1 947
238 000) for Armed Forces, security forces and military industry.

AZN 8180600 ($ 10432572) will be allocated for humanitarian mine
clearance.

Azerbaijani government plans to allocate AZN 2 910 656 000 ($3 707
369 000) from 2013 state budget for defense expenditures.

It includes funds for additional investments, Interior Troops and
Special State Security Service.