21/12/2018 12:46
Changes in Yerevan budget adopted
Deputy mayor of Yerevan Hayk Sargsyan presented at the Yerevan City Council session today the bill on making changes in the Yerevan budget’s income and expense parts amounting to 1 million 440 thousand Armenian Drams.
“It is planned to reduce the expense and income equally. The main part comes to share of review of loan projects,” the deputy mayor said.
Member of Luys faction Ani Samsonyan asked why the grants have been cut and the budget was not implemented in that regard.
“It is not about non-implementation of the budget. These are projects that had free balance as of the end of the year. It has been decided to return them to their sources. The projects relate to transport, construction sectors,” Sargsyan said.
The bill was adopted by 47 for votes.