Armenia’s Environment Ministry budget set at AMD 13.1 billion for 2027

Under the draft 2027 state budget, the Ministry of Environment will be allocated 13 billion 138 million drams, which is 2 billion 561 million drams less than the 2026 figure, Finance Minister Vahe Hovhannisyan said.

He said the decrease in the budget allocation is due to the fact that funds had been earmarked in 2026 for the organization and hosting of COP17.

“Capital expenditures have decreased by 254 million drams,” the minister told lawmakers at a joint committee meeting.