Armenian Defense Ministry's 2022 budget overfulfilled by 39% - report

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27.04.2023, 16:30

Armenian Defense Ministry's actual spending in 2022 amounted to 480 billion drams, by 39% more than initially planned, according to the government's 2022 state budget performance report.

Armenian Defense Ministry's 2022 budget overfulfilled by 39% - report

YEREVAN, April 27. /ARKA/. Armenian Defense Ministry's actual spending in 2022 amounted to 480 billion drams, by 39% more than initially planned, according to the government's 2022 state budget performance report.

The initial budget was about 345 billion drams (about $793 million), but the spending appeared to be about 480 billion drams or $1.1 billion.

At the same time, the Defense Ministry's expenditures accounted for about 21.4% of the total. ($1 - 387.33 drams). -0-

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