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 Thursday, March 19 2020 16:11

Yerevan Municipality spends budget reluctantly

Yerevan Municipality spends budget reluctantly

ArmInfo. Out of 91 billion 690 thousand drams, only 66 billion 760 drams, that is 70.5%, were spent from the expenditure part of the Yerevan budget for 2019. Deputy  Mayor of Yerevan Hayk Sargsyan announced this on March 19 during a  meeting of the Council of Elders.

He added that out of 1 billion allocated for the repair of schools  and other educational institutions, only 250 million drams were  completed. "Of the 177 million allocated for the modernization of the  irrigation system, only 50 million, that is 28%, was spent. Of the  132 million allocated for the development of tourism, 20 million, or  15%, were implemented. The budget allocated for the creation of new  pedestrian crossings amounted to 22%. In the field of healthcare,  budget expenditures amounted to 78%, in the field of environmental  protection - 68%. In the field of construction of apartments and the  provision of utilities - 61%, "said Sargsyan.

However, Sargsyan assured the residents of the capital that  everything will be fine in the future. According to the deputy mayor,  the pilot program for the replacement of elevators continues,  moreover, in 2020, support for medical and educational institutions  will increase, new programs in the field of road works will be  implemented.  In his turn, First Deputy Mayor Hrachya Sargsyan added  that this year the budget expenditures allocated for kindergartens  will increase by 1 billion drams, which will make it possible to  repair 28 kindergartens. In turn, Deputy Mayor Tigran Virabyan  touched the tourism sector, noting that 15% of budget execution is  due to the fact that at the moment Yerevan was not ready to  participate in many international tourism exhibitions and festivals  due to the lack of presentation print and video materials.

It should be noted that, as ArmInfo previously reported, the budget  revenues of Yerevan in 2020 will amount to 107 billion 120 million  drams. Expenditures will be approximately at the level of 116 billion  233 million drams. The deficit of the city budget will be 9 billion  113 million drams.

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