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.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 24th of January, covering the latest developments you need to know.
U.S. President Donald Trump thanked Azerbaijan and Armenia for upholding last August’s peace deal and said Vice President J.D. Vance will visit both countries in February.
The recent peace process between Armenia and Azerbaijan has reignited a sensitive debate in Georgia: does regional normalisation strengthen Georgia’s position or threaten its long-standing role as the South Caucasus’ key transit hub?
Armenia and Azerbaijan will interconnect their energy systems, enabling mutual electricity imports and exports as part of a wider regional transit initiative, Armenian Prime Minister Nikol Pashinyan said.
The UN Human Rights Council has condemned Iran for rights abuses and ordered an expanded investigation into a crackdown on anti-government protests that killed thousands, as Tehran warned any military attack would be treated as an all-out war.
Firefighters were clearing the charred ruins of a Karachi shopping mall in Pakistan on Tuesday (20 January) as they searched for people still missing after a fire that burned for nearly two days and killed at least 67 people, police said.
Türkiye’s Foreign Minister Hakan Fidan said on 23 January there are signs Israel is still seeking an opportunity to attack Iran, warning that such a move could further destabilise the Middle East.
U.S. President Donald Trump said on Friday that Canada is opposing the possible construction of his proposed ‘Golden Dome’ missile defence system over Greenland, despite what he claimed would be security benefits for Canada.
Thousands of people took to the streets of Albania’s capital Tirana on Saturday in an anti-government protest sparked by the indictment of Deputy Prime Minister Belinda Balluku over alleged corruption linked to major infrastructure projects.
Israel will reopen Gaza’s Rafah crossing with Egypt for the passage of people only after completing an operation to locate the body of the last remaining Israeli hostage in the territory, Prime Minister Benjamin Netanyahu’s office said late on Sunday.
Libya signed a series of multilateral agreements with international and regional partners, including Türkiye, aimed at boosting energy production, accelerating investment and deepening cooperation in the energy sector on Saturday.
The Georgian government plans to draw up a long-term strategic development plan extending through 2036, Georgian Prime Minister Irakli Kobakhidze said.
The UN Human Rights Council has condemned Iran for rights abuses and ordered an expanded investigation into a crackdown on anti-government protests that killed thousands, as Tehran warned any military attack would be treated as an all-out war.
A four-day ceasefire agreement between the Syrian government and Kurdish forces, which expired on Saturday night, has been extended by 15 days, Syria’s defence ministry said on Saturday.
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