Apr 17, 2008

Azerbaijan's Military Spending Spree Continues

Recently, a number of Azerbaijan hands have been quietly raising yellow flags over the run-up in Baku’s military spending. Lacking a diplomatic resolution to N-K, as the argument goes, Azerbaijan will be tempted to solve the standoff with its newly-purchased army. Even if it is possible to mute the chatter, it is not possible to overlook President Aliyev Jr.’s recent spending spree on weapons, or his desire to buy more.

"In the past 4-5 years the military and defense budget of the country has risen from $150 million to $1.3 billion. However Azerbaijan's state budget over this period has risen ten-fold," Aliyev Jr. said, signaling a additional 53% increase in military spending.

On second thought, Armenia might want to take a closer look at the plans for Azerbaijan’s new Deathstar hotel.

No comments: