Announcements
The Council of Elders of the City of Yerevan approved the 2011 budget of the city of Yerevan with indicators for revenue, expenditure, and deficit. The decision details the revenues of the administrative and fund parts of the budget by sources of formation, as well as allocations by functional and economic classification of budget expenditures. The Mayor is permitted to define the breakdown of grants and subsidies by recipient organizations.
Budget and finance