The Council of Elders discussed and confirmed the budget of Yerevan provided for 2019. According to the decision, the total amount of incomes anticipated is AMD.89 mlrd 077 mln 572.0 thousand in comparison with the AMD 80 mlrd 189 mln 969.8 thousand confirmed at the beginning of 2018. The own income makes up AMD 23 mlrd 940 mln 875.6 in the total incomes provided by the draft which is 2 mlrd 037 mln 495.7 thousand more than was anticipated in 2018, and 3 mlrd 940 mln 875.6 thousand more than actual own income in 2017 (approximately 17.7%).
Deputy Mayor Hayk Sargsyan presenting the draft decision mentioned that while drawing up the budget they took into account the priorities and existing possibilities provided for in Yerevan development program of 2019-2023. Taking into account that 2019 is the first year of the five-year program the new and long-term programs aimed at proportional development of Yerevan which are feasible for the first year will be considered a priority. The programs deal with sustainable development, well-arranged and available environment, modernization of urban infrastructures, assurance of life quality for the population.
The next meeting of the Council of Elders is scheduled for February 12, 2019.