#SPENDING
Some 557 billion drams or 17% of budget spending earmarked for defense sector in 2024
The Armenian government has earmarked about AMD 557 billion for the defense sector for 2024, which is 6% more than the amount that was envisioned by the revised 2023 budget, the Ministry of Finance reported.Armenian government ends 9 months with budget surplus of 74.6 billion drams
The Armenian government ended the first 9 months of 2023 with a surplus of 74.6 billion drams, Deputy Finance Minister Vahan Sirunyan said today, when speaking at a meeting of the parliamentary committee on financial and budget issues.There is something to be proud of, but problems persist - WB presents review on Armenia’s spending efficiency
Armenia should be proud of the reforms carried out in recent years, World Bank Regional Director for Human Development in Europe and Central Asia Michal Rutkowski said Thursday.Expensive medicines, few generics, fragmented procurement – World Bank on problems in Armenia's health sector
Health services in Armenia remain hospital-centric, which is inefficient, said Armine Manukyan, senior economist at World Bank Office in Armenia, when presenting Thursday a World Bank report titled ‘Armenia Public Expenditure Review; Improving Spending Efficiency.’.Armenia's draft 2024 budget calls for 2.67 trillion drams in revenue and 3.1 trillion drams in spending
Armenian government’s draft budget designed for 2024 calls for 2.676 trillion drams in revenue and 3.108 trillion drams in spending, Prime Minister Nikol Pashinyan said Monday speaking at a parliamentary discussion on the budget.Armenian government earmarks significant rise in 2023 spending program
Armenian Finance Minister Tigran Khachatryan said at Thursday's government session that the government’s social spending budget for 2023 will be raised by 65 billion drams or 11.3% compared to 2022 budget, which will enable to increase pensions, benefits and salaries of social workers.Armenia's defense spending in 2020 surged by more than $150 million
Armenia's defense spending in 2020 surged from the planned 307 billion drams ($590 million) to 387 billion drams ($745 million), acting Finance Minister Atom Janjughazyan said today during a discussion in parliament on the implementation of the 2020 state budget.Azerbaijan's military spending in 2020 grew by 17 percent, while Armenia's dropped by 2.6 percent- SIPRI
Azerbaijan’s 17 per cent increase in military spending was the largest relative increase among countries in Eastern Europe in 2020, according to new data published by the Stockholm International Peace Research Institute (SIPRI).News 1 - 20 of 41
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