In 2026, Yerevan Municipality to receive 56.6 bln drams from  budget  - Mayor

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.