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Yerevan Council of Elders approves 2024 budget execution report

YEREVAN, March 18. /ARKA/. The Yerevan Council of Elders approved the report on the execution of the capital’s budget for 2024 at a meeting on Tuesday.

Chief of the Financial Department of the Yerevan City Hall Kristina Avetisyan said that the actual revenues of the capital’s budget amounted to 116 billion 715 million drams against the planned 113 billion 198 million drams, that is, the fulfillment amounted to 103.1%.

“The collection of own revenues instead of the planned 62 billion 932 million drams actually amounted to 71 billion 199 million drams or 113.1%. This is 21 billion 108 million drams more than the actual figure for 2023,” Avetisyan said.

According to the data provided by Avetisyan, expenses amounted to 113 billion 699 million drams, which corresponds to 94.5% of the planned figure ($1 – 392.34 drams).

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