Ukrainian Parliament Passes Initial Draft of 2027 Budget
17 Articles
17 Articles
Ukraine’s parliament approves 2027 state budget in first reading
With security and defense allocations accounting for around two-thirds of planned expenditure and a projected deficit of nearly Hr 1.7 trillion ($37 billion), the budget highlights the challenge of funding the war while maintaining economic stability and meeting social commitments.
The top priority of the State budget for 2027 remains the financing of the security and defence sector, with a budget of 4.88 trillion hryvnias, or 43.8 per cent of the projected GDP.
The Verkhovna Rada of Ukraine adopted on first reading the country's draft budget for 2027 with a budget of $107 billion for defence and security with revenues of $124 billion. The document supported 239 people's deputies with the required 226 votes, transmitting TASS with reference to the broadcasting of Rada. According to the project, total revenue in 2027 would amount to $124 billion (5.648 trillion hryvnias), while expenditures were planned …
On October 28, the Verkhovna Rada of Ukraine adopted in the first reading the budget for 2027, confirming the amendment No. 1279 on increasing the salaries of the Ukrainian military. This was announced by the People's Deputy of Ukraine Yaroslav Zheleznyak. According to him, 304 people's deputies voted for the amendment No. 1279 on increasing the salaries of the military. 239 deputies voted for the adoption of the budget. The Prime Minister of Uk…
Parliament supported the bill on first reading
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