On December 24, the Yerevan City Council approved the 2025 municipal budget, with 32 members voting in favor and 26 against. The approved budget includes revenues of 159.4 billion AMD, expenditures of 159.5 billion AMD, and a deficit of 87.8 million AMD. According to the municipality, this budget is designed to address the community’s socio-economic development priorities, featuring several critical programs.
A significant focus has been placed on the renovation of public spaces, including projects to revitalize parks and green areas. Specifically, plans include the improvement of Paruyr Sevak Park, the “Aghi Lich” swimming area, and Paronyan Park. Additionally, the 2025 budget outlines extensive infrastructure development programs, such as repairing pathways, streets, and other urban spaces. These initiatives aim to enhance the urban environment and create more comfortable conditions for Yerevan residents.
Social protection is also included among the budget’s priorities. Allocated funds will support programs for vulnerable groups, including 14 million AMD earmarked for adapting the housing conditions of individuals with disabilities. However, the municipality has faced criticism for allocating only 2% of the budget to social protection. This portion has been compared to the budgets of other capitals, with some NGOs calling for increased funding in this area.
The 2025 budget also incorporates a pilot application of program budgeting methodology. The municipality asserts that this approach aims to increase the transparency of budget expenditures and ensure public accountability. However, some proposals advocating for the full implementation of program budgeting methodology have yet to be adopted. According to the municipality, this process requires a gradual approach to maintain the system’s sustainability and effectiveness.
Ensuring accessibility for citizens has also been a point of contention during discussions. Funds allocated for building ramps have been criticized as insufficient, with some NGOs demanding an increase to ensure that the number of ramps built meets or exceeds the levels of previous years. Additionally, proposals have been made for new programs focused on adapting housing conditions for individuals with disabilities. The municipality has stated that increasing spending in this area will be considered during future budget revisions.
The budget also includes the introduction of the “Citizen’s Budget” program, which will commence in 2025. This initiative aims to make the budget more accessible and transparent, while encouraging residents to participate in municipal governance processes. Citizens will have the opportunity to monitor budget expenditures and assess their effectiveness.
In summary, the 2025 budget is aimed at implementing Yerevan’s strategic development programs, covering infrastructure improvements, public space renovations, and the application of social protection measures. However, several proposals remain unaddressed, requiring further revisions and discussions. The implementation of this budget will be a crucial test for Yerevan’s municipal governance and development strategy.