ArmInfo. In 2023, the expenditures of the state budget of Armenia for defense needs will increase by 47.2% or by 160.7 billion drams. Member of the National Assembly of the Republic of Armenia from the ruling Civil Contract faction Babken Tunyan wrote about this on his Facebook page.
He stressed that in the next financial year, the defense budget of Armenia will amount to 501 billion 285 million drams.
The MP noted that 708.6 billion drams will be allocated for defense, public order, security and judicial activities against 518.6 billion drams in 2021. Thus, the allocations will increase by 190 billion drams or by 37%.
Financial resources will be mainly directed to the needs of defense, maintenance of public order, national security and judicial activities.
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