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Armenia's Military Budget To Grow By 20% In 2008

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  • Armenia's Military Budget To Grow By 20% In 2008

    ARMENIA'S MILITARY BUDGET TO GROW BY 20% IN 2008

    Noyan Tapan
    Nov 1, 2007

    YEREVAN, NOVEMBER 1, NOYAN TAPAN. By the 2008 draft state budget of
    the RA, it is envisaged to allocate 122 bln drams (about 375 mln USD)
    for defence needs, which is more by 20% as compared with 2007, the
    RA defence minister Mikael Harutyunian told reporters on November
    1. According to him, these funds will first of all used to increase
    the fighting efficiency of the armed forces, purchase new armaments
    and keep the old ones.

    Salaries of servicemen will be increased by 10%. The average salary of
    officers will make 182 thousand drams, of non-commissioned officers -
    110 thousand drams, of contractual servicemen - about 90 thousand
    drams, and civil staff of the armed forces - about 60 thousand
    drams. The increase in allocations will also be used to propvide
    officers and non-commissioned officers with apartments. The minister
    said that it is envisaged to build about 600 apartments in 2008. 3
    bln drams will be allocated for improvement of living conditions of
    families of killed and disabled servicemen.
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