Automatically translated version. May contain inaccuracies compared to the original.
The bill provides for the restoration of the Road Fund and new sources of defense financing.
On the eve of the government approving the draft State Budget for the 2027 year and sending it to the Verkhovna Rada. The document provides government expenditures at a level of over 8 trillion hryvnias — four times more than before the full-scale invasion. This was reported by Roksolana Podlasa, head of the Verkhovna Rada Committee on Budget.
Income
“The state covers less than half of this amount with its own resources; the rest must be provided by international aid,” she noted.
In particular, the state’s own resources will amount to 3,7 trillion hryvnias. These are taxes and fees, domestic borrowing (government domestic loans) and privatization. Another $52,6 billion hryvnias will be covered by international aid.
Podlasa stressed that partners confirmed $20 billion, accordingly, another $32,6 billion need to be found.
Expenditures
According to the report, more than two-thirds of all expenditures are allocated to security and defense.
At the same time, the largest non-military expenditures will be:
for social protection — 540,3 billion hryvnias;
for education — 328,5 billion hryvnias;
for healthcare — 292,5 billion hryvnias.
Introduced budget novelties
First, the government proposes partially restoring the Road Fund in the amount of 52,8 billion hryvnias. At the same time, 34,2 billion hryvnias will go to construction of roads for general use, 10,1 billion hryvnias — to debt repayment, and another 8,5 billion will go to communities for roads of general local importance, as well as local roads and streets.
Second, money for weapons and equipment for the Armed Forces of Ukraine will come from funds seized in cases of the State Bureau of Investigation, National Anti-Corruption Bureau, and the State Bureau of Investigation, as well as from assets of ARMA, fines of the State Audit Service and the Antimonopoly Committee, and also the fees for export licenses of weapons.
Third, unemployment fund reserves in the amount of 5 billion hryvnias are proposed to be directed only to pensions. For comparison, this year’s fund money was directed to “cashback” and other business support programs.
In addition, the government wants to decide independently how to spend the money of the Fund for the Liquidation of Consequences of Armed Aggression.
Also, the government proposes obliging the city of Kyiv to repay the debt of 2015 year to the state in the amount of 332 million hryvnias.
As a reminder, the budget draft will be reviewed by Verkhovna Rada committees, and at the end of October Parliament will vote on it in the first reading — already with amendments and proposals from MPs.
As a reminder, Ukraine relies on international financial aid, and its receipts are linked to the reforms agreed with partners. In particular, adoption of the necessary laws opens the path to 1,45 billion euros from the EU. This year the World Bank granted Ukraine 3,35 billion dollars after the completion of defined conditions.
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