---
title: "Defense, Education, Economy: Changes to 2027 Budget Proposed by Rada Committee"
description: "The Verkhovna Rada Budget Committee has reviewed over 5,200 amendments to the 2027 state budget draft and recommended it for the first reading. Lawmakers propose changing privatization terms, boosting agricultural support, and revising business funding."
date: 2026-10-22T09:22:33.958Z
lang: en
url: https://xab.info/en/posts/2027-state-budget-rada-committee-changes
tags: [ukraine-budget-2027, verkhovna-rada, economy, agriculture, privatization, finance]
author: "Darya Fomina"
publisher: "XAB.info"
---

# Defense, Education, Economy: Changes to 2027 Budget Proposed by Rada Committee

![Assembly hall of the Verkhovna Rada of Ukraine during a parliamentary session](https://xab.info/media/2026/10/22/izmeneniya-v-gosbyudzhet-2027-komitet-rady/izmeneniya-v-gosbyudzhet-2027-komitet-rady-1.webp)

## Key Points

- Consideration of the 2027 state budget draft in the first reading is expected on October 28.
- The committee processed 5,236 amendments and recommended revisions to the government.
- It is proposed to allow large-scale privatization auctions with a reduced starting price.
- Funds from the 'National Cashback' program are proposed to be redirected to real business support.
- Farmers could see increased compensation for livestock farms and processing up to 75%.

The Verkhovna Rada of Ukraine is preparing to consider the draft state budget for 2027 in the first reading, which is tentatively scheduled for October 28. The specialized parliamentary committee has completed a large-scale review of the document, processing 5,236 amendments and forming a package of key recommendations for the government.

### New Approaches to Privatization and Business Support

The Budget Committee has proposed significantly changing the rules for large-scale privatization in 2027 by allowing auctions with a reduced starting price. This measure is intended to facilitate the successful sale of unprofitable state assets, including the Odesa Port Plant and Sumykhimprom. At the same time, lawmakers advocated redirecting funds from the "National Cashback" program to real production support tools.

Specifically, the committee recommended banning cashback payments from the business development budget program, which amounts to UAH 9.4 billion. These funds are proposed to be channeled into business stimulation, while the government has been instructed to reassess the feasibility of further funding cashback through state funds.

### Funding for the Agricultural Sector and Regions

A significant portion of the proposals concerns the agricultural sector, including increasing compensation to farmers for the construction and reconstruction of livestock facilities and milk-processing plants from 50% to 75%. Furthermore, the committee proposed creating a separate avenue of state support for logistics and the transportation of agricultural products from frontline areas to safer regions.

For local budgets, the specialized committee recommended exploring the allocation of 4% of personal income tax to communities and abandoning the withdrawal of reverse subsidies. Parliamentarians also insist on an additional allocation of UAH 2 billion to the State Regional Development Fund and directing funds toward housing programs for internally displaced persons.

### Significance of Budget Adjustments for the Economy

The changes proposed by the committee reflect an attempt to balance social obligations, defense needs, and the real sector of the economy amid ongoing challenges. Reviewing expenditure items and finding additional incentives for regions and businesses are designed to enhance the resilience of Ukraine's financial system as the document is prepared for its second reading.

## Fact-Check & Sources

- [Оборона, образование, экономика: какие изменения в бюджет-2027 предлагает профильный комитет Рады](https://www.rbc.ua/ukr/news/oborona-osvita-ekonomika-ki-zmini-byudzhetu-1792660608.html) - The article is entirely based on the official report from RBC-Ukraine and statements by Budget Committee Head Roksolana Pidlasa.

## FAQ

### When is the first reading of the 2027 state budget draft expected?

Consideration of the state budget draft for 2027 in the first reading is expected tentatively on October 28.

### How many amendments were processed by the Budget Committee?

The specialized committee of the Verkhovna Rada processed 5,236 amendments and took into account 90 budgetary conclusions.

### What changes are proposed for the business support program?

The committee proposed banning payments under the 'National Cashback' program from the UAH 9.4 billion entrepreneurship support fund and channeling them into real business development.