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2026-09-16 09:50:10
[Ukraine's 2027 Budget Draft: Military Spending Nearly 44% of GDP, Reaching $109 Billion, Deficit of $37 Billion] (1) Ukrainian Prime Minister Sergei Koletsky stated that the military is planned to spend nearly 44% of GDP, or $109 billion, in 2027. (2) He stated on the Telegraph Channel that the draft budget stipulates that defense alone will cost 4.885 trillion hryvnia ($109 billion), nearly 44% of GDP. (3) The Verkhovna Rada website released Ukraine's 2027 national budget draft on September 15, stipulating a deficit of $37 billion and national debt approaching $276 billion. (4) Ukraine's domestic and foreign debt has broken historical records, reaching $214.18 billion at the end of July.
