Azerbaijan discloses funds allocated to defense field in 2020

  11 February 2021    Read: 803
  Azerbaijan discloses funds allocated to defense field in 2020

In order to strengthen Azerbaijan's defense potential and further improve the logistics of the armed forces, 4486.5 million AZN was allocated for defense expenditures against the 3787.5 million AZN approved in the 2020 state budget (current expenditures, total investment, and reserve funds), said a report on the implementation of the country's state and consolidated budget for 2020, AzVision.az reports.

According to the report, compared to 2019, this figure is 1,072.6 million AZN or 36.1 percent more.

Under the order of the President of the Republic of Azerbaijan, the funds allocated from the state budget for defence expenditures covered the purchase of new military equipment, additional financial support for servicemen who were sent to the front and mobilized officers and ensigns, monthly salary, and payment of a monthly supplement to the conscripts of the Armed Forces during their service.


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