In the first quarter of 2026, the Yerevan budget showed a confident overfulfillment in terms of revenues. With a plan of own revenues of 20.8 billion drams, actual revenues amounted to 22.3 billion drams, which corresponds to a fulfillment rate of 107.2% and an excess of the plan by more than 1.4 billion drams.

Compared to the same period last year, the capital's own revenues increased by more than 5.9 billion drams. At the same time, the structure of growth has not yet been disclosed, but the dynamics indicate a strengthening of the city's revenue base at the beginning of the year.

According to the approved budget for 2026, Yerevan's revenues are planned at 151.5 billion drams with expenses of 156.8 billion drams and a deficit of 5.3 billion drams. Own revenues should amount to 94.8 billion drams, and the current results of the first quarter show that these targets are being met ahead of schedule.

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Armenia and Kyrgyzstan to expand cooperation in economy and technology

Armenia and Kyrgyzstan to expand cooperation in economy and technology

The parties also agreed to develop transport links and signed a number of agreements

New TUMO platform for teenagers to open in Gyumri

New TUMO platform for teenagers to open in Gyumri

The educational project will cover the Mush district

AI camera installed in Armenia to protect wildlife

AI camera installed in Armenia to protect wildlife

The system continuously detects fires and poachers

Armenia's Mining Industry Outperforms IT in Labor Productivity

Armenia's Mining Industry Outperforms IT in Labor Productivity

About 50 million drams per worker in the mining industry, and the sector provides one-third of the country's exports.

Armenia and the EU intend to expand energy cooperation: Pashinyan held talks with the European Commission

Armenia and the EU intend to expand energy cooperation: Pashinyan held talks with the European Commission

The parties also discussed visa liberalization and the biodiversity summit in Yerevan.

Rosatom received positive signals from Armenia regarding the construction of a new 1 GW NPP

Rosatom received positive signals from Armenia regarding the construction of a new 1 GW NPP

Yerevan is considering the Russian proposal to build a VVER-1000 power unit in a compressed timeframe.

Armenian NPP can continue operating regardless of gas situation

Armenian NPP can continue operating regardless of gas situation

Gabrielyan allowed for the construction of a new VVER-1000 power unit

Viva expands 5G+ network to 32 cities in Armenia: speeds reach 522 Mbps

Viva expands 5G+ network to 32 cities in Armenia: speeds reach 522 Mbps

New generation communication has covered about 80% of the country's populated areas

Armenia to allow online execution of some contracts without a notary

Armenia to allow online execution of some contracts without a notary

The innovation will affect standard transactions with banks and credit organizations

Armenian Krisp among the most reliable AI companies in the world

Armenian Krisp among the most reliable AI companies in the world

The service scored 97 out of 100 points in the Cybernews ranking

Yandex in Armenia restored most services after a failure

Yandex in Armenia restored most services after a failure

Payments and user support remain a priority