Re: Nagorno-Karabagh: Military Balance Between Armenia & Azerbaijan
The two sides make statements about agreements reached on several things, how more specific could it be?
First of all let's get one thing clear, the vast majority of the contracts are already executed (as noted in the original article itself). As for the remaining, the disruptions in payments could very well be due to the revision of the budget for 2016 (in which the spendings were actually increased compared to the original 2016 budget, including the military), and all that may have caused administrative delays. Of course even the oil fund can be used to cover these, that would also take time for authorization, but the solution is not really difficult. BTW, the current budget is based on oil price of $25, while the oil price is hovering above $35.
Originally posted by londontsi
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First of all let's get one thing clear, the vast majority of the contracts are already executed (as noted in the original article itself). As for the remaining, the disruptions in payments could very well be due to the revision of the budget for 2016 (in which the spendings were actually increased compared to the original 2016 budget, including the military), and all that may have caused administrative delays. Of course even the oil fund can be used to cover these, that would also take time for authorization, but the solution is not really difficult. BTW, the current budget is based on oil price of $25, while the oil price is hovering above $35.
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