Armenia to increase defense spending by 46% in 2023

Armenia to increase defense spending by 46% in 2023
# 29 September 2022 18:38 (UTC +04:00)

Armenia plans to spend US$1.246 billion on defense in 2023, a 46.4 % (US$394.2 million) increase over this year, APA reports citing Hetq.

The increase is according to the 2023 draft budget that has yet to be passed by the Armenian National Assembly.

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