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Live Updates  >  Live Update Details

2025-09-16 00:47:40

Ukrainian Government Approves Draft State Budget for 2026: On September 15th, Ukrainian Prime Minister Svirizenko announced that the Ukrainian government has approved the draft state budget for 2026, which will be submitted to parliament for deliberation. The budget prioritizes national defense, security, and social stability. The draft budget projects total expenditures of 4.8 trillion hryvnia (an increase of 415 billion hryvnia from 2025), revenues of 2.826 trillion hryvnia (an increase of 446.8 billion hryvnia, or 18.8% from 2025), and external financing needs of 2.79 trillion hryvnia. Defense spending, at 2.8 trillion hryvnia, accounts for 27.2% of GDP and will fund military benefits, air defense development, and the development and production of domestic weapons. Furthermore, budgets for social sectors such as education, scientific research, and healthcare have all been increased, with 17.9 billion hryvnia allocated for veterans' policies. The budget also covers agriculture, culture, and other areas to support economic development and national reconstruction.

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