Armenia eyes increasing defense budget 11% next year
Region
- 25 October, 2021
- 07:09
The Armenian government intends to increase the defense budget by 11 percent in 2022, which will amount to 345 billion drams ($720 million), Prime Minister Nikol Pashinyan said in the parliament of the republic during the discussion of the draft budget for 2022, Report informs referring to TASS.
“The defense budget for 2022 is 11% more than in 2021, amounting to more than 345 billion drams. We intend to create a professional army in Armenia, but we will do it with smooth, thoughtful steps,” he said.
Latest News
11:03
Garafulic: UN ready to support Azerbaijan in NDC 3.0 implementation
Ecology10:56
IRENA urges Turkmenistan to join Central Asian regional energy partnership
Energy10:47
Azerbaijan, Growth Lab exchanged views on prospects of Green Growth Portal
ICT10:38
MP: Selection of Baku as CECECO HQ is victory for Azerbaijani diplomacy
Energy10:34
Photo
Speaker of Spain's Congress of Deputies visits Azerbaijan
Foreign policy10:11
US withdraws from World Health Organization
Other countries09:55
CBA currency exchange rates (23.01.2026)
Finance09:51
One week left to apply for WUF13 partner-led events
Infrastructure09:42