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Armenian defense budget issued

By Messenger Staff
Thursday, October 21
The 2011 Armenian defense budget will increase by USD 12.5 million, rising to approximately USD 387 million. This figure is much lower than the defense budget of Azerbaijan in 2011 as they plan to spend around USD 3 billion in this direction. The Armenian government thinks that the country’s defense system will be satisfactory and, if needed, it could be increased depending on the situation.