Published January 23,2024
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The Armenian authorities has revised its protection finances and allocates 557 billion drams (roughly $1.37 billion) for 2024, the nation’s Defense Ministry mentioned on Tuesday.
The ministry mentioned in a quick assertion that it will likely be 6% greater than the federal government’s preliminary allocation for army wants introduced within the finances in 2023.
In comparability to 2020, Armenian protection spending is predicted to extend by 81% in 2024, accounting for greater than 17% of the overall state finances.
Source: www.anews.com.tr