Tweet
Armenian parliament increases military spending in 2005
Arminfo
25 Dec 04
YEREVAN
Yesterday's session of the Armenian National Assembly made a decision
to increase military spending in the Armenian state budget of 2005.
Military spending envisaged by the final version of the 2005 draft
budget amounts to 61bn drams (127m dollars), Armenian Security Council
Secretary and Defence Minister Serzh Sarkisyan has told journalists.
It has increased by 7.2bn drams (15m dollars) in comparison with the
original amount. Thus, Armenia's military spending increased by 35 per
cent in comparison with the republic's military spending this year and
accounts for 16 per cent of the republic's budget for 2005.
Sarkisyan also pointed out that the main part of the sum by which
military spending has been increased will be used for giving a payrise
to the military.
Arminfo
25 Dec 04
YEREVAN
Yesterday's session of the Armenian National Assembly made a decision
to increase military spending in the Armenian state budget of 2005.
Military spending envisaged by the final version of the 2005 draft
budget amounts to 61bn drams (127m dollars), Armenian Security Council
Secretary and Defence Minister Serzh Sarkisyan has told journalists.
It has increased by 7.2bn drams (15m dollars) in comparison with the
original amount. Thus, Armenia's military spending increased by 35 per
cent in comparison with the republic's military spending this year and
accounts for 16 per cent of the republic's budget for 2005.
Sarkisyan also pointed out that the main part of the sum by which
military spending has been increased will be used for giving a payrise
to the military.