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class="css-a31c4v"><style data-emotion="css 1kuy7z7">.css-1kuy7z7{font-size:14px;}</style><p class="css-1kuy7z7">July 18 2017</p></div><style data-emotion="css yxom3w">.css-yxom3w{gap:10px;}</style><style data-emotion="css 39uctw">.css-39uctw{box-sizing:border-box;margin:0;min-width:0;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;gap:10px;}</style><div class="e11dgghm0 css-39uctw"><style data-emotion="css a6hbbt">.css-a6hbbt{padding-left:15px;padding-right:15px;padding-top:5px;padding-bottom:5px;background:var(--theme-ui-colors-countryTag);font-size:0.875rem;letter-spacing:0.08em;color:var(--theme-ui-colors-white);cursor:default;}.css-a6hbbt:hover{background:var(--theme-ui-colors-countryTagHover);}</style><div class="css-a6hbbt e11dgghm1">Armenia</div></div></div></div><style data-emotion="css 1ghzgqw">.css-1ghzgqw{line-height:1.75rem;padding-left:0;width:100%;}.css-1ghzgqw p{margin-bottom:28px;}.css-1ghzgqw p:last-child{margin-bottom:0;}.css-1ghzgqw 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Redistribution of the content is prohibited without prior consent of Military Periscope.</p></div></div></div></div><div class="Toastify"></div></div></div><script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"componentName":"NewsPage","componentProps":{"title":"Government Sets Target: Raise Defense Spending To 4 Percent Of GDP By 2020","slug":"government-sets-target-raise-defense-spending-4-percent-gdp-2020","publishedDate":"2017-07-17T17:00:00-0700","story":"\u003cp\u003eFinance Minister Vardan Aramyan has announced that the Armenian government intends to boost defense spending by US$52 million to US$54 million annually starting in 2018, reports Interfax-AVN (Russia).\n\u003c/p\u003e\u003cp\u003e \nThe goal is to reach defense spending equivalent to 4 percent of gross domestic product by 2020, Aramyan told reporters on Monday in Yerevan.\n\u003c/p\u003e\u003cp\u003e \nThe 2017 defense budget is US$449.5 million, or 3.71 percent of GDP, the minister said.\n\u003c/p\u003e\u003cp\u003e \n\"We have always emphasized the priority of...\u003c/p\u003e","countryList":[{"name":"Armenia","type":"country"}],"lastPublishedAt":"2017-07-17T17:00:00-0700","seoTitle":"","searchDescription":"","seo":{"seoHtmlTitle":"Government Sets Target: Raise Defense Spending To 4 Percent Of GDP By 2020 — News — Military Periscope","seoMetaDescription":"","seoOgTitle":"Government Sets Target: Raise Defense Spending To 4 Percent Of GDP By 2020","seoOgDescription":"Finance Minister Vardan Aramyan has announced that the Armenian government intends to boost defense spending by US$52 million to US$54 million annually starting in 2018, reports Interfax-AVN (Russia). 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