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Public finances in 2027: "War budget" with deficit of over UAH 1.5 trillion BusinessCensor reviewed the main economic provisions of the draft budget for next year, which the Ministry of Finance submitted to parliament for consideration. Sources of funding for nearly a quarter of the planned expenditures remain uncertain. Some of the revenues projected in the 2027 budget depend on changes to tax legislation that parliament has not even considered yet. 132 0 Previously in trend: State budget Amendments to the State Budget 2027 budget 
Finance Ministry avoids word "freeze." Will unprotected power system withstand this winter? In a single day, without warning or discussion, the Finance Ministry halted funding for capital expenditures across the country. The news caused a stir, as one of the areas affected was the protection of energy facilities ahead of the new heating season. 146 0 
VAT increase to 21%: How realistic is it and why government decided to raise tax To support businesses by compensating for losses caused by Russian shelling, the government decided to establish an insurance fund of up to $4 billion. One billion of this amount is planned to be secured by raising the VAT rate by 1 percentage point to 21% starting in 2027. 180 0 Previously in trend: Tax changes 
