Azerbaijan is facing economic difficulties due to declining oil revenues and inadequate fiscal buffers; however, it has prioritized military readiness with a $5 billion defense budget. This increase is primarily aimed at countering the perceived militarization from Armenia amid longstanding conflicts, particularly over Nagorno-Karabakh. The article notes that Azerbaijan and Armenia's tensions echo broader conflicts in Eurasia, emphasizing the importance of understanding military dynamics in Asia, especially as many nations bolster their defense capabilities in a changing global landscape.
Azerbaijan's decision to allocate $5 billion to military spending amid declining oil revenues highlights its prioritization of defense in response to regional tensions.
The growing military spending in Azerbaijan underscores the nation’s aim to counter Armenia’s military actions amid ongoing territorial disputes surrounding Nagorno-Karabakh.
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