Armenia spent $170 mln on arms purchase from Russia in 2017

Armenia spent $170 mln on arms purchase from Russia in 2017

PanARMENIAN.Net - Under the budget of 2017, Armenia was to spend AMD 209.8 billion on the defense sector. According to a document by the National Statistical Service, however, expenditures topped AMD 294 billion, which is by about AMD 85 billion more than initially planned.

In an emailed response to PanARMENIAN.Net 's inquiry, the Defense Ministry said that AMD 82.2 billion (apx. $170 million) out of the AMD 85 billion were spent to finance the delivery of Russian-made military products as part of the state export loan provided by Russia.

The remaining part, according to the statement, was spent on “other defense needs.”

As reported earlier, Armenia’s Air Defense will be enhanced with Tor missile systems.

 Top stories
The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said.
From September 21 to November 11, a total of 2,820 Russians registered at a place of residence in Armenia, the police has said.
The situation on the contact line between Karabakh and Azerbaijan was relatively stable overnight, the Defense Army says.
Defense Minister Suren Papikyan has visited the southern Armenian province of Syunik, the Defense Ministry reported on March 18.
Partner news
---