Automatically translated version. May contain inaccuracies compared to the original.
Deputies will submit amendments until 1 October.
The Cabinet presented the draft State Budget-2027 to the Verkhovna Rada. Thus, the government is timely completing all stages of the budget process for Ukraine’s main financial document for next year.
As Member of Parliament Yaroslav Zhelezniak commented on the presentation: “This is kind of like the first reading, but without a vote. Next, deputies will submit amendments until 1 October. In the chamber (the Verkhovna Rada — ed.) this is interesting to about 30–40 deputies.”
When asked by the government about increasing salaries for the military, Finance Minister Serhiy Marchenko replied: “1,08 trillion UAH will be allocated for monetary provision of servicemembers. That’s an additional 338 billion UAH. This will allow us to provide for all the reforms and measures that were implemented this year.”
So the “gap” in funding that was faced this year will be closed. However, increased funding and salary growth will not occur.
Recall that the day before the government approved the draft law on the State Budget for 2027 and sent it to the Verkhovna Rada. The document prepared by the Cabinet foresees a significant increase in tax revenues — by 11% compared to the current budget for 2026. At the same time, part of the planned revenues will require amendments to the Tax Code.
It was reported that the document provides for state expenditures of more than 8 trillion UAH — four times more than before the full-scale invasion. In particular, the state’s own resources will amount to 3,7 trillion UAH. These are taxes and fees, domestic borrowings (government bonds) and privatization. Another $52,6 billion is expected to be covered by international aid. However, partners have confirmed $20 billion, so another $32,6 billion still needs to be found.
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