Monday, July 14 2025 14:27
Alina Hovhannisyan

Yerevan Municipality records 88.5% budget performance in first half  of 2025 

Yerevan Municipality records 88.5% budget performance in first half  of 2025 

ArmInfo.  As of June 30 this year, according to the approved plan (from January to June), 45.1 billion drams were to be received in the budget of the Yerevan Municipality, but in fact 39.9 billion drams were collected. Yerevan  Mayor Tigran Avinyan was informed about this during a working meeting  on July 14.

Thus, the execution of the revenue part of the capital's municipality  budget was 88.5%, and the amount of lost funds exceeded 5 billion  drams. Of this amount, as noted, 3 billion drams are due to lost  payments for bus fares.

In this regard, Tigran Avinyan emphasized that efforts must be made  to improve the collection of funds related to public transport. In  this regard, he reported that a relevant draft law is already ready,  instructing those responsible to submit a work program in the near  future.

In addition, the mayor was informed that the revenue part of issuing  permits for design and construction was 52.7%. That is, out of the  planned 17.1 billion drams, 9 billion drams were actually collected.