Armenia Approves 2024 Budget Execution Report

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Armenian Government building
Quick Read

  • The Armenian government approved the 2024 state budget annual execution report.
  • The report will be submitted to the National Assembly by May 1, 2025.
  • The government also endorsed the draft law on 2024 privatization program implementation.
  • Both reports comply with constitutional and legislative budget procedures.

Government Approves Armenia’s 2024 State Budget Execution Report

The Government of Armenia has officially approved the annual execution report of the 2024 state budget, which will be submitted to the National Assembly in accordance with legal requirements. As outlined by Article 116 of the RA Constitutional Law on the Rules of the National Assembly and Article 25 of the Law on the Budgetary System, the government must present this report by May 1 of the following year.

Privatization Program Reporting Also Moves Forward

Alongside the state budget report, the Cabinet also approved the draft law on the annual report concerning the implementation of the 2017–2020 State Property Privatization Program for 2024. This legislative initiative will also be submitted to the National Assembly through the established procedures.

The approval of these reports ensures transparency and accountability in public finance management and demonstrates institutional adherence to fiscal governance obligations.

Source: Government of Armenia – April 23, 2025

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