Azerbaijan plans to allocate around $2 billion for the next year's defence budget 2810122

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Defense News - Azerbaijan

 
 
Sunday, October 28, 2012, 10:06 AM
 
Azerbaijan plans to allocate around $2 billion for the next year's defence budget.
Azerbaijan plans to allocate AZN 1 528 582 000 ($1 947 238 000) for defense expenditures from the next year’s budget. APA reports that it is up 8.6% compared to 2012. AZN 1 407 312 400 was allocated for defense expenses from the state budget in 2012.
     
Azerbaijan plans to allocate AZN 1 528 582 000 ($1 947 238 000) for defense expenditures from the next year’s budget. APA reports that it is up 8.6% compared to 2012. AZN 1 407 312 400 was allocated for defense expenses from the state budget in 2012.
The South African-made Marauder armoured vehicle is manufactured in Azerbaijan under license. Azerbaijan cooperates with about 60 countries in the military-technical sphere and has an agreement on military-technical cooperation with more than 30 countries.

     

Total defense expenditure including the amounts specified in expenses which don’t belong to any main defense expenditure categories accounts for 13% of the 2013 state budget spending.

Since many years Azerbaijan has developed its defense industry and strengthens its military power. In 2005, the country established the Ministry of Defence Industry of Azerbaijan directs domestic military supplies for Azerbaijan. The Defence Industries Ministry subsumed the State Department for Military Industry and for Armaments and the Military Science Center, each of which was formerly a separate agency within the Azerbaijani Defense Ministry.

The defense industry has emerged as an autonomous entity with a growing defense production capability. The ministry is cooperating with the defense sectors of Ukraine, Belarus and Pakistan. Along with other contracts, Azerbaijani defence industries and Turkish companies, Azerbaijan will produce 40mm revolver grenade launchers, 107mm and 122mm MLRS systems, Cobra 4x4 vehicles and joint modernization of BTR vehicles in Baku.

 

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