Yerevan’s own budget revenues exceed target by 3.6 billion drams over 9 months

YEREVAN, October 26. /ARKA/. As of September 30, 2026, Yerevan’s budget had received 75.7 billion drams in own revenues, surpassing the 72.9 billion drams projected for the January–September period, reported David Hakobyan, acting head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

“The execution rate reached 105%, with a surplus of over 3.6 billion drams,” he noted during a meeting at City Hall on Monday.
Hakobyan also stated that, compared to the same period last year, the capital’s own revenues have increased by more than 15.3 billion drams.

According to Yerevan’s approved budget for 2026, revenues are projected at 151.5 billion drams, expenditures at 156.8 billion drams, and the deficit at 5.3 billion drams, with the city’s own revenues forecast at 94.8 billion drams. ($1 = 361.14 drams)

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