ArmInfo. In 2026, the Yerevan Municipality will receive 56.6 billion drams from the Armenian state budget, as stated by Yerevan Mayor Tigran Avinyan during a parliamentary committee session on October 31.
According to him, 19.1 billion drams of this amount will come from loans and grants, another 1.3 billion drams will be allocated for subsidy programs, and 8.2 billion drams will be added to the Yerevan budget through the principle of financial equalization. It is also planned to allocate 2.4 billion drams from the state budget to complete construction work, which will primarily be used to continue building the Memorial Square in the botanical garden and the Albert Azaryan sports school.
Avinyan also noted that 2.5 billion drams are planned for repairs to the Yerevan Metro, with an additional 2 billion drams allocated for the preparation of documents for the new Acharnyak metro station. The subsidy to the Yerevan Metro will be reduced to 1 billion drams.
The mayor noted that various construction projects are currently underway in different parts of the city, and 10 billion drams will be allocated for their completion. Avinyan also noted the significant increase in the municipality's own funds over the past three years. While the municipality's own revenues have increased, funding from the state budget has decreased.
Speaking about the traffic congestion and frequent jams, the mayor noted that 11,000 new cars were officially registered in Yerevan last year alone, not counting those arriving from nearby districts. To address this issue, an anti-crisis commission has been established, and the first meeting took place recently. Avinyan sees a solution in increasing public transportation while introducing certain restrictions on the use of private cars. It is also necessary to actively implement technological solutions, especially at the busiest intersections. The mayor also announced plans to build a large shelter for stray animals. Funds have already been allocated, and the tender process is nearing completion. A contract for the construction of the shelter will be signed with the winner of the tender by the end of the year.
Avinyan also addressed the issue of the 75-year-old Nubarashen landfill, proposing a solution through close cooperation with the private sector. A tender for the construction of a waste processing plant is expected, with the process to be conducted in two stages. The first stage will be announced shortly and, currently, four major companies have shown interest in the project. During the first stage, the companies will submit their proposals, with the best one being presented in the second stage.
