ArmInfo. Expenditures on defense and national security in the state budget of Azerbaijan for 2024 will amount to 6 billion 421 million 47.42 thousand manats ($3.777 billion at the current exchange rate). The share of these expenses in the state budget is 17.4%. Compared to 2023, expenditures under this item of the state budget will increase by 6%.
The 2014 budget law was signed by Azerbaijani President Ilham Aliyev. The law has been officially published.
Expenditures on the armed forces in the state budget for 2024 are envisaged at 2 billion 465.55 million manats ($1.45 billion), on national security - 413.4 million manats ($243.2 million), on the border service - 487.7 million manats ($268.9 million).
In addition, expenses for special defense projects and activities for 2024 are provided in the amount of 3 billion manats ($1.76 billion), the rest for other purposes, Interfax reports.