Armenia revises defense budget, allocates $1.37B for 2024

Armenia revises defense budget, allocates $1.37B for 2024

In comparison to 2020, the country's defense spending expected to go up by 81% in 2024, accounting for over 17% of total state budget

By Elena Teslova

MOSCOW (AA) – The Armenian government has revised its defense budget and allocates 557 billion drams (approximately $1.37 billion) for 2024, the country's Defense Ministry said on Tuesday.

The ministry said in a brief statement that it will be 6% higher than the government’s initial allocation for military needs announced in the budget in 2023.

In comparison to 2020, Armenian defense spending is expected to increase by 81% in 2024, accounting for more than 17% of the total state budget.

Kaynak:Source of News

This news has been read 165 times in total

ADD A COMMENT to TO THE NEWS
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
Previous and Next News