Financial sector news

According to information on the parliament's website, the state budget law was returned with the president's signature yesterday evening, December 10. The main goal of the budget is to ensure the country's defense, support citizens, and create conditions for economic growth even during wartime.

The state budget of Ukraine for 2026, approved by the Verkhovna Rada, provides for revenues of UAH 2.918 trillion and expenditures of UAH 4.781 trillion, with a deficit of about UAH 1.9 trillion (18.5% of GDP). The priorities remain defense (UAH 2.8 trillion or 27.2% of GDP), social stability, education, medicine, and an increase in the minimum wage to UAH 8,647 from January 1, 2026.

Key indicators:

• Revenues: UAH 2.918 trillion.
  
  
• Expenditures: UAH 4.781 trillion.
  
  
• Deficit: UAH 1.9 trillion (18.5% of GDP).
  
  
• GDP (nominal forecast): UAH 10.309 trillion.
  
  
• GDP growth (forecast): 2.4%.
  
  
• Inflation (forecast, December to December): 9.9%.

   

Main areas of expenditure:

• Defense and security: UAH 2.806 trillion (27.2% of GDP).
  
  
• Education: UAH 278.7 billion (increased funding, higher salaries for teachers).
  
  
• Healthcare: Almost UAH 260 billion.
  
  
• Social protection: Approximately UAH 470 billion.
  
  
• Support for veterans: UAH 19 billion.

Social standards:

• Minimum wage: 8,647 UAH (as of January 1, 2026).
  
  
• Subsistence minimum (general): UAH 3,209 (from January 1, 2026).
  
  

A significant part of the deficit is planned to be covered by international aid. An increase in the income tax on banks to 50% is also envisaged.