Armenia increasing defense spending by 25%September 29, 2018 - 17:27 AMT PanARMENIAN.Net - Armenia is planning to increase defense expenditures by 25% year-on-year, according to the draft budget for 2019. Addressing a Cabinet meeting on Friday, September 28, Finance Minister Atom Janjughazyan unveiled the proposed budget for next year, according to which the country will allocate AMD 307 billion (more than $625 million) to the Defense Ministry. From this sum, AMD 300.5 billion will be spent on military defense measures. The defense budget of 2018 had grown 17.6% against the previous year. Top stories David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. 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. Partner news | Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |