Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.

YEREVAN, July 30. /ARKA/. The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today. The ministry noted that a surplus of 11 billion drams was recorded in the same period of 2024.

The Finance Ministry reported that state budget revenues for the first half of 2025 totaled 1.433 trillion drams, surpassing the revised target by 2.2%. Compared to the same period last year, revenues increased by 15.2%, or 189.4 billion drams.

Expenses totaled 1,472.3 billion drams, or 85.2% of the planned amount. Compared to the same period in 2024, expenses increased by 19.4%, or 239.6 billion drams. (1 USD = 383.94 AMD).-0-

spot_img

POPULAR

A Birthday in Italy with Unibank

Unibank cardholder Haykush Markosyan will celebrate her 35th birthday in Italy after winning the “More Opportunities with Mastercard World Travel” promotion.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 19–25)

The financial agenda in Armenia over the past week focused on the performance of the banking sector for the first nine months of 2026, the development of the bond market, and enhancements to financial regulation.

Euro and US dollar exchange rates against the Armenian dram have declined, while the ruble has continued to rise: Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 22, 2026, fell by 0.07 points compared to October 21, reaching 361.33 drams.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.26 points to 360.88 drams on October 26, 2026, compared to October 23.

Armenia plans to significantly increase capital expenditure on infrastructure — Ministry of Finance

Armenian Finance Minister Vahe Hovhannisyan and Asian Development Bank (ADB) Vice President Wempi Saputra discussed prospects for expanding cooperation, including in infrastructure investment and promoting the export of Armenian products.

LATEST NEWS

spot_imgspot_imgspot_img