Georgia to Raise 2007 Defense Spending By $200 Million

TBILISI (Armenpress)–Georgia will increase its 2007 defense budget by $200 million to around $600 million as part of efforts to bring its Armed Forces closer to NATO standards, the prime minister said Wednesday.
After the defense budget is increased, spending on the South Caucasus country’s Armed Forces will total 4-4.5 percent of GDP.
"We are continuing reforms of Georgian Armed Forces, to bring them closer to NATO standards. The figure of 4-4.5 percent is not a high indicator compared with countries that are reforming their armed forces, and have larger defense spending," Zurab Nogaideli said.
The budget amendmen’s were to be submitted to the country’s parliament Wednesday.


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