 Armenia’s defense budget for 2024 to grow 125% against 2018 – economist November 7, 2023 - 16:10 AMT PanARMENIAN.Net - In 2024, Armenia’s defense budget will increase by 125% or AMD 309 billion compared to 2018, head of the ACSES analytical center, economist Haykaz Fanyan said in an interview with the Public TV on Monday, November 6. According to him, the increase in the budget was facilitated by the economic growth of recent years, as well as improvements in administration. Finance minister Vahe Hovhannisyan told a Cabinet meeting in late September that defense spending for 2024 was expected to grow 7,3% year-on-year.   Top stories Grigoryan added that the situation around the world and particularly in the region is very difficult. The Armenian Defense Ministry has denied Azerbaijan's accusations of violating the ceasefire. Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
