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Expenses in 2023

Finance Government

Yerevan’s 2023 Budget Breaks Records: Expenses Reach 111 Trillion Armenian Drams, Exceeding Revenue

Yerevan’s 2023 expenses reached 111.165tn drams, with 90% spent. Education, healthcare, and social security make up 35%, transport 27.9%, and rural environment protection 12.2%. Yerevan’s 2023 revenue exceeded projections, with personal incomes rising by 14.69tn compared to 2022. Urban planning has also exceeded expectations. READ MORE on NEWS.am.