How Much Money Did the CP Spend Over Three Years?

The ruling Civil Contract Party's revenue for the years 2019, 2020, and 2021 totaled 932 million 430 thousand 924 drams, of which 918 million drams were spent. During the party's 6th congress today, October 29, the chair of the party’s supervisory commission, Sona Ghazaryan, presented the financial report for the past three years.

“In 2019, the Civil Contract Party's revenue was 91 million 744 thousand drams, and the expenses amounted to 78 million drams. In 2020, the party's revenue was 217 million 915 thousand drams, with expenditures of 135 million 886 thousand drams. In 2021, the party's revenue reached 624 million 429 thousand 265 drams, while expenses were 705 million 699 thousand drams. I would like to inform you that in 2020 and 2021, the party acquired property,” she noted.

According to Sona Ghazaryan, the Civil Contract Party's revenue comes from member fees, donations, and state funding. The party's expenditures included office rent, maintenance costs, salaries, taxes, and the establishment of the Civic media outlet in 2021.