Yerevan's budget execution rate in 2023 was about 90%

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22.01.2024, 16:26

The level of Yerevan's budget execution in 2023 amounted to about 90%, Head of Yerevan Financial Department Vilen Arevshatyan said at a working meeting in the City Hall today.

Yerevan's budget execution rate in 2023 was about 90%

YEREVAN, January 22. /ARKA/. The level of Yerevan's budget execution in 2023 amounted to about 90%, Head of Yerevan Financial Department Vilen Arevshatyan said at a working meeting in the City Hall today.

The capital city's revenues amounted to 132.3 billion drams, expenditures – to 119 billion drams.

At the beginning of 2024, the budget balance was 13.9 billion drams due to programs postponed to 2024 and savings, as well as higher than planned revenue collection rate.($1 - 405.15 drams). -0-

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