Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Kyiv, December 3 (Xinhua) — Ukraine's parliament, the Verkhovna Rada, adopted the state budget for 2026 on Wednesday, the Finance Ministry reported.
The agency noted that next year, state budget revenues are expected to reach UAH 2.9 trillion (US$68.5 billion), an increase of UAH 402 billion (US$9.5 billion) over the current year. Meanwhile, budget expenditures will increase by UAH 121.2 billion (US$2.86 billion) to UAH 4.82 trillion (US$113.87 billion).
To cover the existing deficit in 2026, Ukraine hopes to attract 2.79 trillion hryvnias (65.9 billion dollars) in external financing from the World Bank, the European Union, the United Kingdom, the IMF, and the Group of Seven (G7) countries.
The Ministry of Finance added that due to the ongoing armed conflict with Russia, defense and security will remain one of the main expenditure items in Ukraine's state budget next year. Approximately 58 percent of the country's total expenditure is planned for these needs.
Meanwhile, due to the unforeseen nature of the situation, military appropriations in 2026 may be increased by parliament, as in the current year.
The Ministry of Finance named social protection, education, healthcare, and economic support among other state budget priorities.
Commenting on the document adopted by parliament, Ukrainian Prime Minister Yulia Svyrydenko, in turn, stated on Telegram that next year the country's GDP is projected to continue to grow to 10.31 trillion hryvnias (243.56 billion dollars), inflation will slow, and the average wage will increase to 30,000 hryvnias (709 dollars). –0–
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