Back to Top

Azerbaijan increasing defense spending for 2023 by $650 million

panarmenian.net05/31st/2023, 7:54

Azerbaijan increasing defense spending for 2023 by $650 million

May 31, 2023 - 11:52 AMT

PanARMENIAN.Net - In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million), the press service of the Ministry of Finance said on Tuesday, May 30, TASS reports.

"It is planned to allocate an additional 1.11 billion manats to strengthen the country's defense capability and national security, including 1 billion manats ($588 million) for special projects and defense measures," the agency's website said in a statement.

According to the Ministry, after the increase, spending on special projects and defense measures will amount to 3.07 billion manats ($1.81 billion)....

Read full story


Temp {{currentData.temp}}℃
Wind {{currentData.wind}}km/h
Humidity {{currentData.humidity}}
  • Yerevan
  • Abovyan
  • Tsaghkadzor
  • Sevan
  • Gyumri
  • Ejmiatsin
  • Dilijan
  • Vanadzor
  • Ashtarak
7 Day Forecast

Exchange rates

more rates
Already available
Back to Top