Tuesday, June 1 2021 16:08
Naira Badalian

Expenditures of Armenia`s Ministry of Defense in 2020 exceeded the  program indicator by about 80 billion AMD

Expenditures of Armenia`s Ministry of Defense in 2020 exceeded the  program indicator by about 80 billion AMD

ArmInfo.In 2020, following the results of the adjustments made, the budget of the Ministry of Defense was increased to 400 billion drams (about $ 769 million),  instead of the planned 307 billion drams (about $ 590 million). This  was announced on June 1 by acting RA Minister of Finance Atom  Janjughazyan in the parliament during the preliminary discussion of  the annual report "On the execution of the state budget of the  Republic of Armenia for 2020".

According to the acting Head of the Ministry of Finance, according to  the results of the year, funds in the amount of about 387.5 billion  drams (about $ 745 million) were actually used. According to  Janjughazyan, the actual allocations of the Ministry of Defense for  2019 were comparable to the program indicator for 2020 - about 307  billion drams.

Earlier today, Atom Janjughazyan said that in 2020, expenses in  connection with the pandemic amounted to 75.3 billion drams, and  expenses related to martial law - about 124 billion drams.