Yerevan budget revenues executed 103.6% in January 2026 — Municipality

YEREVAN, February 16. /ARKA/. Yerevan’s budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.

According to him, the budget’s revenue execution rate was 103.6%, with an overfulfillment rate of over 250 million drams.

The overfulfillment was due to real estate tax revenues from unfinished multi-apartment residential buildings, as well as the payment of local duties.

Compared to the same period in 2025, the increase in budget revenues exceeded 1.2 billion drams, Hakobyan noted. ($1 = 377.67 drams).

spot_img

POPULAR

Central Bank of Armenia has tightened liquidity requirements for banks, taking into account the risk of large outflows of funds – Galstyan

The Central Bank of Armenia has tightened liquidity requirements for banks with large, concentrated foreign currency inflows to limit the risk of a potential outflow of funds.

Central Bank of Armenia acquired $1.9 billion in market from beginning of year through September – Finance Minister

The Central Bank intervened in the market and acquired approximately $1.9 billion from the beginning of the year through September, Armenian Finance Minister Vahe Hovhannisyan stated in parliament while presenting the draft state budget for 2027.

Euro and dollar rose against the Armenian dram, while the ruble weakened: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.36 points on November 2, 2026, compared to October 30, 2026, to 360.6 drams.

Create your Visa Digital from Unibank for purchases and transfers

Unibank offers Visa Digital cards for money transfers as well as online and in-store purchases.

IDBank and Idram Hold Financial Literacy Session for Young Chess Players

IDBank and Idram continue their series of financial literacy sessions.

LATEST NEWS

spot_imgspot_imgspot_img