state budget

Belgian Prime Minister Bart De Wever submits resignation after budget talks fail

Belgian Prime Minister Bart De Wever submitted his resignation on Nov. 2, after negotiations over the country’s budget collapsed, according to the Royal Palace press service.

2 November, 04:05 PM

Ukrainian lawmakers back 90 proposals in first stage of 2027 budget approval

Ukraine’s parliament adopted a resolution endorsing budget recommendations for the draft 2027 state budget as the basis for further consideration, completing the first stage of the country’s annual budget approval process, parliamentary Budget Committee Chair Roksolana Pidlasa announced, as reported by Interfax-Ukraine on Oct. 27.

27 October, 02:35 PM

Ukraine's 2027 draft budget allots Ukrzaliznytsia $500 million, down from 2026

Ukraine's current draft state budget for 2027 provides about 22.5 billion hryvnias ($500 million) to support the operations of Ukrainian Railways, compared with 28.5 billion hryvnias ($633 million) in 2026 and 17 billion ($410 million) in 2025, Deputy Finance Minister Oleksandr Kava said on Oct. 23, according to Interfax-Ukraine.

23 October, 01:42 PM

State revenue misses target by nearly $1.2 billion in nine months

Ukraine's state budget fell nearly UAH 50 billion ($1.2 billion) short of planned revenue in the first nine months of 2026, including UAH 32 billion ($770 million) in August and September alone, Finance Minister Serhiy Marchenko told parliament on Oct. 12, Ukrinform reported.

12 October, 04:25 PM

Ukraine faces $27 billion war funding gap as government turns to austerity

Ukraine’s total war-related funding needs this year amount to $155 billion, of which $27 billion remains unfunded, Prime Minister Serhiy Koretskyi told reporters, according to an NV correspondent.

30 September, 12:08 PM

Lawmaker links Ukraine’s $27 billion defense shortfall to underfunding

Ukrainian lawmaker Serhiy Rakhmanin, a member of parliament’s National Security, Defense and Intelligence Committee, told Radio NV that Ukraine’s $27 billion defense budget gap stems more from underfunding than from debt.

30 September, 12:00 PM

Defense Ministry reassesses Ukraine's real military needs for 2027

Ukraine's Defense Ministry estimates defense spending will rise to $175 billion in 2027 from $155 billion in 2026, while the government's draft state budget currently provides $100 billion, First Deputy Finance Minister Roman Yermolychev said on Sept. 28, according to news agency Interfax-Ukraine.

28 September, 01:55 PM

Government submits 2027 budget draft, earmarking nearly 44% of GDP for defense

The Cabinet of Ministers late on Sept. 15 approved a bill on Ukraine’s 2027 state budget prepared by the Finance Ministry.

16 September, 01:28 AM

Ukraine faces $32.6 billion 2027 funding gap, minister warns

Next year, the Ukrainian state budget will be strained more than at any point since 2022, Finance Minister Sergii Marchenko said.

5 September, 12:37 AM

Russia's oil and gas revenue rises sharply in July

Russia's federal budget revenue from oil and gas rose 18.6% in July 2026 compared with July 2025, reaching 934 million rubles ($11.5 million) — also up 36.6% from June — driven by high oil prices and the payment of a windfall profit tax for the second quarter, The Moscow Times reported on Aug. 5.

6 August, 05:20 PM

80% of Russians forced to cut food spending due to war, intel says

Russian economy reorientation toward military needs affect living standards in the country, with most Russians now forced to cut spending on bare necessities, the Foreign Intelligence Service of Ukraine (FIS) reported on June 29.

30 June, 09:32 AM

Zelenskyy signs $35 billion defense spending bill

President Volodymyr Zelenskyy signed a bill amending the 2026 state budget to increase security and defense spending by UAH1.56 trillion ($34.7 billion), the Ukrainian parliament (Verkhovna Rada) announced on June 22.

22 June, 08:48 PM

Parliament unblocks UAH 1.56 trillion defense funding increase

Ukraine's parliament rejected seven motions seeking to block a bill increasing 2026 state budget spending on security and defense by 1.56 trillion hryvnias, clearing the way for Speaker Ruslan Stefanchuk to sign the legislation on June 18.

18 June, 05:37 PM

Kyiv receives another EU tranche under Ukraine Facility – PM Svyrydenko

Ukraine has received the seventh tranche of funding from the European Union under the Ukraine Facility, totaling 2.8 billion euros ($3.2 billion), Prime Minister Yulia Svyrydenko reported on Telegram on June 8.

8 June, 04:46 PM

Ukraine weighs VAT on low-value foreign parcels to support local retailers

Ukraine’s parliamentary tax committee has backed bill No. 15112-1, which would introduce value-added tax on foreign parcels worth less than €150 ($175). The Finance Ministry is now waiting for the bill to be considered by the Verkhovna Rada.

5 May, 01:45 PM

Cabinet authorizes $7.9 billion in additional defense spending

Ukraine’s Cabinet of Ministers has approved changes to the 2025 state budget that will direct an extra UAH324.7 billion ($7.87 billion) to defense spending, Prime Minister Yulia Svyrydenko announced on Oct. 3.

6 October 2025, 10:42 PM

Ukraine includes EUR exchange rate in draft budget for first time

A forecast of the average official exchange rate of the hryvnia against the euro has been included for the first time in Ukraine’s state budget, the Cabinet of Ministers reported on Sep. 15, posting the draft state budget for 2026 (No. 14000) on its website.

16 September 2025, 08:49 AM

Ukraine’s Google tax brings in €76.5M, $85.7M

Non-resident companies supplying electronic services to Ukrainian consumers paid VAT to the state budget totaling €76.5 million ($89.7 million) and $85.7 million from January to June 2025, acting head of the State Tax Service Lesia Karnaukh reported on Facebook on Aug. 22.

23 August 2025, 02:20 PM

Ukraine receives ninth $500M IMF tranche, PM Shmyhal says

Ukraine has received the ninth tranche of $500 million from the International Monetary Fund (IMF), Prime Minister Denys Shmyhal announced via X on July 1.

1 July 2025, 03:35 PM

Ukraine’s state spending in 2026–2028 to prioritize defense and security

Ukrainian President Volodymyr Zelenskyy has approved a National Security and Defense Council (NSDC) directive on state budget priorities for 2026–2028, which focus on defense spending and military pay.

28 June 2025, 02:03 AM

state budget

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