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).

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