#BUDGET
More than 1.8 billion drams of budget funds will be allocated in Armenia for the construction and equipping of schools and kindergartens
A reallocation of over 1.854 billion drams is set to occur from Armenia's 2025 state budget as part of the "Construction, Reconstruction, and Equipping of 300 Schools and 500 Kindergartens" initiative, as announced by Artur Martirosyan, the Deputy Minister of Education, Science, Culture, and Sports.Capital expenditures in Armenia's 2026 state budget will amount to 704 billion drams – Ministry of Finance
Capital expenditures in the 2026 budget will amount to 704 billion drams, while in 2027 and 2028, they will amount to 719 billion drams and 803 billion drams, respectively, announced Armenian Finance Minister Vahe Hovhannisyan.Armenia's draft state budget for 2026 aims to maintain macro-fiscal stability – IMF
Armenia's draft 2026 budget targeting a deficit of 4.5 percent of GDP, aims to preserve macro-fiscal stability while supporting Armenia’s priority spending needs, including on social protection, security, health, education, and infrastructure, the International Monetary Fund (IMF) said in a statement following the visit of the Fund's mission led by Alexander Timan to Yerevan from September 17-30.Armenian authorities collect 2.1 trillion drams in taxes and state duties over first nine months
From January to September 2025, the total tax revenues and state duties amounted to 2.1 trillion drams, which is 13.4 billion drams, or 0.7% above the budgeted amount for the initial nine months, and 7.4 billion drams, or 0.4%, more than the revised estimate.Armenia's 2025 budget introduces mechanism for carrying over unrealized capital expenditures to next year - Finance Ministry
For the first time, a mechanism for carrying over unrealized commitments on contractual capital expenditures to the next budget year has been introduced in Armenia's 2025 state budget, Finance Minister Vahe Hovhannisyan said.Yerevan budget receives over 9.1 billion drams from legalizing unauthorized buildings (2019-2024)
As a result of the legalization of unauthorized buildings in Yerevan between 2019 and 2024, approximately 9.1 billion drams were transferred to the city budget. This was reported by Narek Barseghyan, the head of the Architecture and Urban Development Department of Yerevan’s City Hall, during a working meeting on Monday.Armenian government’s budget deficit decreased to AMD 20.7 billion in November, 2024
Armenian government’s budget deficit decreased to AMD 20.7 billion in November (compared to AMD 138.5 billion in October, according to the World Bank’s recurrent Armenia Monthly Economic Update – January 2025 review.IMF: Armenia's 2025 budget well-balanced
Armenia's 2025 state budget is appropriately balanced between maintaining macroeconomic stability and addressing priority expenditures, including refugee integration and high security spending, according to IMF Deputy Managing Director and Acting Chairman Bo Li.News 1 - 20 of 206
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