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Armenian military spending to increase by $30m in 2006

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  • Armenian military spending to increase by $30m in 2006

    Mediamax news agency, Yerevan, in Russian
    28 Sep 05

    ARMENIAN MILITARY SPENDING TO INCREASE BY 30M DOLLARS IN 2006


    Yerevan, 28 September: The Armenian government will allocate another
    13bn drams (about 30m dollars) for military spending in 2006.

    Deputy Finance and Economy Minister Pavel Safaryan said this in
    Yerevan today while speaking about the draft state budget of 2006
    approved by the Armenian government today. Spending on health will
    grow by 6.7bn drams [15m dollars] and education by 8bn [18m dollars].

    The minimum salary in 2006 will total 15,000 drams [33 dollars]
    instead of 13,000 [28 dollars]. The amount of compulsory social
    payments will total 7,000 drams [15 dollars] instead of the current
    5,000 drams [11 dollars].
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