Azerbaijan will spend 2․89 billion manats ($1.7 billion) on defense and national security, up by 16.3% year-on-year.
In addition, In addition, 1.6 billion manats ($942 million) will be allocated for "special purchases", Report.az reveals.
Armenia's defense spending in 2022, meanwhile, will increase by 11% year-on-year to reach AMD 345 billion (around $720 million)․ Prime Minister Nikol Pashinyan said in late October 25 "Armenia does not intend to conquer territories", maintaining that he is building up the army to protect the country against aggression.
