The government is preparing the draft state budget for next year for the second reading

A meeting was held between the parliamentary leadership and the head of the Servant of the People faction, the chair of the Verkhovna Rada budget committee, and the finance minister.

The government is preparing the draft state budget for next year for the second reading.

As Prime Minister of Ukraine Serhii Koretskyi wrote, a meeting took place regarding preparation of the state budget for the 2027 year, joined by the parliamentary leadership, Servant of the People faction head David Arakhamia, Verkhovna Rada budget committee chair Roksolana Pidlas, and Finance Minister Serhii Marchenko.

“This is a wartime budget. The Government’s priorities remain unchanged: funding security and defense, the financial stability of the state, and an adequate level of social support. It is also fundamental that the budget align with the macroeconomic forecast and the cooperation program with the International Monetary Fund,” Koretskyi said.

Budget meeting for the 2027 year

He noted that the main task now is to work through the budget conclusions adopted by the Verkhovna Rada following the first reading.

In the morning of 28 October, the Verkhovna Rada approved in the first reading the draft state budget for the 2027 year.

MPs submitted a record 5236 number of amendments totaling 13,5 trillion hryvnias to the government’s draft budget-2027. Key demands included revising the subsistence minimum, increasing pensions (under next year’s draft estimate, they are planned to rise by only 183 hryvnias), reducing salaries of officials and supervisory board members, cutting funding for the telemarathon and road repairs, and directing all savings to military wages.

For more on how this unfolded, read the LB.ua piece “Five thousand amendments, an empty chamber, and a night in the Rada: how the budget-2027 was adopted in the first reading.”