Bank Of Baku

Armenia's defense budget to be increased more than $750 million next year

Nikol Pashinyan, Armenian Prime Minister

© APA | Nikol Pashinyan, Armenian Prime Minister

# 30 October 2023 15:25 (UTC +04:00)

"Armenia's defense budget will be increased more than $750 million next year," Armenian Prime Minister Nikol Pashinyan said during his speech at the parliament, APA reports.

According to the Prime Minister, the amount considered to be allocated from state budget for the defense costs of the country will be increased 309 billion drams (about $750 million), which is 125% more compared to 2018. 

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