2027 state budget draft: what revenue and expenditure is Ukraine expecting?
Ukraine's 2027 state budget draft anticipates a significant budget deficit of $32.6 billion, as expenditures vastly outpace revenues. The proposed budget allocation of UAH 4.89 trillion is more than quadruple the country's pre-invasion annual spending and nearly UAH 900 billion higher than the 2026 projection.
Security and defense will receive the largest share of expenditures at 66.8%, totaling UAH 4.89 trillion, an increase of nearly 12% compared to 2026. This allocation covers salaries, weapons, contingency funds, and state guarantees. The President and Prime Minister are urging the Verkhovna Rada to not only approve a balanced budget but also expedite legislation to secure international support, as the funding shortfall will be covered by such assistance.
The government's budget prioritizes security and defense, with UAH 1.792 trillion earmarked for personnel salaries and another UAH 2.2985 trillion for weapons and equipment. Other expenditures include UAH 499.9 billion for significant costs, UAH 264.9 billion as a contingency reserve, and UAH 30 billion for state guarantees.
Social programs and assistance for vulnerable populations also receive substantial funding, with UAH 540.3 billion allocated to the general fund, a UAH 72.6 billion increase over 2026. This boost is driven by higher spending on families with children, disabled individuals, IDPs, low-income citizens, and social services development.
Pension, benefits, and subsidy funding will be provided in full, with the Pension Fund receiving UAH 292.8 billion, UAH 41.5 billion more than the 2026 budget. UAH 42.3 billion will be allocated for subsidies, and UAH 6.5 billion for social support to various groups, including Chornobyl disaster victims, war veterans, and war-affected individuals.
The budget also proposes significant increases in allocations for low-income individuals and veterans, with UAH 31.9 billion designated for low-income support and UAH 20.5 billion for veterans' policy.
Written by urgent.news from Ukrinform - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
