Armenia’s defense budget will increase

According to the report of the international group of Fars news agency, the Minister of Finance of Armenia said on Wednesday that the Armenian government plans to increase its defense spending by 7% next year to 1.38 billion dollar.

according to the website “Radio Free Europe” Vahe Hovanisyan, Minister of Finance of Armenia, while presenting the draft government budget for 2024 in the Armenian Parliament, said that this budget includes the construction of new barracks, other military facilities and border fortifications.

Informed sources They reported that India is sending new weapons to Armenia. Informed people stated that a senior Armenian official recently visited “New Delhi” and held talks in this regard.

Armenia also signed a military cooperation agreement with France. and based on that, it will be equipped with advanced French radar and missile defense systems.

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