News agencies around the world carried Azerbaijan’s Finance Minister Samir Sharifov’s words about doubling military spending next year, without questioning the validity of those claims.
Here’s a comparative table, showing defense spending in Armenia and Azerbaijan in millions of dollars as posted by journalist Mark Grigorian on his blog. I don’t know where he took the figures from, but looks right from what I was able to check.
“There’s no point in comparing these figures, of course,” Mark Grigorian has written, “Because arms are sold at different prices to the two parties (Armenia, for example, is a member of CSTO and buys Russian arms at a discount rate). But the amounts are impressive.”
I’ll add to this, that Armenia’s Defense spending for the next year is going to be about $400 mln.