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Armenian PM Unruffled By Azerbaijan's Growing Military Spending

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  • Armenian PM Unruffled By Azerbaijan's Growing Military Spending

    ARMENIAN PREMIER UNRUFFLED BY AZERBAIJAN'S GROWING MILITARY SPENDING

    ArmInfo, Armenia
    Sept 12 2007

    Yerevan, 12 September: The co-chairmen of the OSCE Minsk Group will
    arrive in the region by the end of this week to meet the presidents
    of Armenia and the Nagornyy Karabakh republic, Armenian Prime Minister
    Serzh Sargsyan said in parliament while answering MPs' questions.

    Sargsyan expressed confidence that today there is no serious threat
    to Nagornyy Karabakh's security, even if we take account of the
    development of Azerbaijan's economy which has been growing at the
    expense of oil resources. "If we are more careful and try to analyze
    statements by the Azerbaijani leadership, we will see that they have
    not achieved their goal," the prime minister noted.

    Sargsyan recalled that [Azerbaijani president] Ilham Aliyev had
    pledged that the 2007 military budget of the Azerbaijani Republic
    would equal the entire budget of Armenia.

    "They failed to do this. Armenia's budget in 2008 will total 2.5bn
    dollars and Armenia's military expenditure will equal the entire
    budget of Armenia in 1998. I have information that Azerbaijan's
    budget in 2008 will total 6-6.5bn dollars from which 1bn will be
    military expenditure. The Armenian leadership, and in particular,
    the president are doing everything possible to ensure a balance of
    forces in the region," Sargsyan said.
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