Monday, March 25 2024 12:32
Alexandr Avanesov

99.8% defense budget performance in 2023

99.8% defense budget performance in 2023

ArmInfo. Armenia's defense budget totaled AMD 526.047bln in 2023, RA Minister of Defense Suren  Papikyan stated on March 25 at a meeting of the commission on defense and security of the National Assembly of the Republic of Armenia, presenting a report on the implementation by the defense department  of the RA government program for 2021-2026 in 2023.

As the minister noted, during the implementation of the program, the  need arose to increase the allocations approved by the state budget  by another 9.19 billion drams. Thus, the total amount allocated for  the implementation of 5 defense programs amounted to 526.47 billion  drams. At the same time, the implementation of these programs was at  the level of 99.8%.

"The list of activities of the defense department to ensure the  implementation of the government's action plan for 2021-2026 consists  of 14 tasks, which include 37 activities. Basically, they were  completed in the planned volumes and terms," said the Minister of  Defense.

Then his speech took place behind closed doors.