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Azerbaijan to increase spending on defense, national security

Business Materials 16 September 2022 20:55 (UTC +04:00)
Azerbaijan to increase spending on defense, national security

BAKU, Azerbaijan, September 15. The state budget expenditures of Azerbaijan on defense and national security is projected at 5.3 billion manat ($3.1 billion) in 2023, Trend reports citing the Finance Ministry's statement regarding the preliminary indicators of the consolidated and state budgets for 2023.

The forecasted figure exceeds 2022's indicator by 235.3 million manat ($138.2 million) or 4.6 percent.

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