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Armenia Announces Big Military Spending Increase

A 2016 military parade in Yerevan. (photo: mil.am)

In early October, Armenian Defense Minister Vigen Sargsyan announced a 17 percent boost to the defense budget for 2018, marking a substantial increase after several years of mostly flat spending.

While the defense minister refused to specify exactly how the budget growth would be allocated, he did suggest the increase would be utilized for new weapons systems for the Armenian military.

According to one assessment, the 2018 budget would represent as much as a 1.5 percent GDP increase in defense spending, which would bring Armenian defense spending to approximately 5.5 percent of GDP.

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Armenia Announces Big Military Spending Increase

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