Yerevan’s budget revenues for January-June exceeded the target by 10.3%

YEREVAN, July 20. /ARKA/. As of June 30, 2026, Yerevan’s budget revenues amounted to 49.2 billion drams, compared to the planned 44.6 billion drams for January-June, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

“The budget execution rate was 10.3%, with an overfulfillment rate of approximately 4.6 billion drams,” he said at a meeting at City Hall on Monday.

According to Hakobyan, compared to the same period last year, the capital’s budget revenues increased by more than 10 billion drams.

According to Yerevan’s approved 2026 budget, revenues are projected at 151.5 billion drams, expenditures at 156.8 billion drams, and a deficit of 5.3 billion drams. The city’s own revenues are projected at 94.8 billion drams ($1 = 366.85 drams).

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