Armenia spent $170 mln on arms purchase from Russia in 2017May 21, 2018 - 12:48 AMT PanARMENIAN.Net - Under the budget of 2017, Armenia was to spend AMD 209.8 billion on the defense sector. According to a document by the National Statistical Service, however, expenditures topped AMD 294 billion, which is by about AMD 85 billion more than initially planned. In an emailed response to PanARMENIAN.Net 's inquiry, the Defense Ministry said that AMD 82.2 billion (apx. $170 million) out of the AMD 85 billion were spent to finance the delivery of Russian-made military products as part of the state export loan provided by Russia. The remaining part, according to the statement, was spent on “other defense needs.” As reported earlier, Armenia’s Air Defense will be enhanced with Tor missile systems. Top stories As a result of floods in Armenia’s northern Lori and Tavush provinces, 17 bridges, including five large ones, have collapsed. David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Prime Minister Nikol Pashinyan has met with Stephan Schütz, Executive Partner at Gerkan, Marg and Partners. The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. Partner news | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |