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Armenia Increases Military Budget

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  • Armenia Increases Military Budget

    ARMENIA INCREASES MILITARY BUDGET

    The Messenger
    Nov 3 2011
    Georgia

    The draft budget submitted to the Armenian parliament for the defense
    envisages $405 mln, which is almost 6% higher than 2011. This was
    stated by Armenia's Defense minister Seiran Iganyan. Most of this
    amount will be targeted for structural changes and more soldiers in
    the Armenian army. A certain part will go to modernizing arms and
    military technology. However there are no increases of salaries in
    the Armenian defense segment envisaged so far.

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