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Azerbaijan boosts defense allocations in state budget for 2025

Politics Materials 18 November 2024 13:38 (UTC +04:00)
Azerbaijan boosts defense allocations in state budget for 2025
Elchin Mehdiyev
Elchin Mehdiyev
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BAKU, Azerbaijan, November 18. In reaction to Armenia's extensive militarization agenda, Azerbaijan is augmenting its defense expenditures in the forthcoming state budget, Minister of Finance Samir Sharifov said, Trend reports.

He made the remark during the discussion of the draft law “On the State Budget of the Republic of Azerbaijan for 2025” in the Azerbaijani Parliament.

The Minister revealed that a treasure trove of 8.3 billion manat ($4.8 billion) will be set aside for the fortress of defense in the coming year.

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