Armenia to further increase defense spending
The Armenian Parliament adopted on December 4 the 2025 draft state budget. Armenia has increased it military budget for the next year to 6% of the projected GDP or $1.7 billion (664 billion drams). …
Vahe Hovhannisyan
Armenia, ADB discuss cooperation issues
The parties discussed issues of interaction between the republic and the bank
Russia to build new Yerevan metro station
The draft 2024 budget earmarks some 1.5 bln drams for the repair of Yerevan metro and another 4 bln drams for the construction of a new station, …
