Armenia is preparing to increase its defense budget substantially in 2025, with planned military spending expected to reach around $1.71 billion
Armenia is preparing to increase its defense budget substantially in 2025, with planned military spending expected to reach 664 billion drams (around $1.71 billion).
This marks a 20% rise over last year, Finance Minister Vahe Hovhannisyan announced during recent discussions on the draft state budget.
The expanded budget will represent 6% of Armenia's GDP, an increase of 0.7% from 2024.
Hovhannisyan noted that 55.8% of the capital budget expenditures will be dedicated to defense projects, underscoring the government’s focus on bolstering national security.
Russian Foreign Ministry spokesperson Maria Zakharova has criticized the EU's observation mission in Armenia
The United States and Armenia have signed a strategic partnership charter, enhancing bilateral cooperation in defense, security, democracy, and nuclear energy.
Start your day informed with AnewZ Morning Briefing: here are the top news stories for January 18th, covering the latest developments you need to know.
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Start your day informed with AnewZ Morning Briefing: here are the top news stories for January 18th, covering the latest developments you need to know.
U.S. Congressional Azerbaijan Caucus co-chairs honour the 35th anniversary of January 20, reflecting on its impact as a pivotal moment in Azerbaijan's fight for independence.
Thousands in Belgrade held a silent protest outside RTS, honouring victims of a roof collapse. University students demanded justice for the tragedy, blaming Serbian authorities.
South Korea's impeached president Yoon Suk Yeol appeared in court to contest his detention extension on insurrection charges tied to his martial law declaration.
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