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Azerbaijan's Over $1 Billion Budget Will Not Do Good To The Country

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  • Azerbaijan's Over $1 Billion Budget Will Not Do Good To The Country

    AZERBAIJAN'S OVER $1 BILLION BUDGET WILL NOT DO GOOD TO THE COUNTRY

    PanARMENIAN.Net
    11.09.2007 18:05 GMT+04:00

    /PanARMENIAN.Net/ "Two significant trends have recently emerged in
    the South Caucasus. First, a serious increase in defense spending,
    which threatens to impact or even impede the course of economic reform
    and social sector spending in each country. Second, a profound shift
    in the regional balance of power," said Richard Giragosian, an expert
    of the Jane's Information Group (Washington) analytical center.

    "Azerbaijan has increased its defense budget to over $1 billion. But
    given the extent of corruption within the country, there is doubt
    that whether the higher defense budget will actually be used to
    invest in developing a modern and more capable of armed forces,
    or used for acquiring military hardware and weapons or for funding
    military training," he said.

    As to Georgia, Mr Giragosian said, "While Georgia's increased defense
    spending is linked to the country's strategic priority of closer
    integration into Western security institutions, reflected by the
    recent deepening of its ties with NATO, there are concerns over a
    newly assertive and increasingly confrontational Georgian policy
    toward its unresolved conflicts."

    "Armenia has the strongest regional army against Azerbaijan's 72 000
    men in uniform. Armenia's military prowess is generally identified
    as a result of discipline, morale and combat training. Georgia has
    the smallest force in the region numbering only about 17 500 active
    duty personnel," he said.

    "Against the backdrop of these two trends, the real imperatives
    for regional security and stability are, nevertheless, internal in
    nature and depend on institutional legitimacy, the rule of law and
    good governance, and on local economic and politics much more than
    grand geopolitics," he concluded
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