In Armenia, the costs of defense in 2025 will increase by 20% compared to 2024. This was stated by the Minister of Finance of the Republic of your Ovannisyan during a speech in parliament.
According to him, the government of the country in 2025 intends to spend more than $ 1.7 billion on defense.
The head of the department also informed that the defense sector will have 55.8% of capital expenses.
In 2024, defense costs in Armenia increased by 81% compared to 2020.