#Budget 2027

The Rada Budget Committee included in the Cabinet's instructions an increase in IDP assistance by 1,000 hryvnias from January 1, 2027. The amendments also expand the circle of recipients and abolish the requirement for in-person education for children. October payments will be funded on October 21.

IMF European Department Director Mateusz Szczurek stated at a meeting in Bangkok that resuming reforms and securing partner guarantees are key conditions for allocating $1.65 billion in tranches to Ukraine by the end of 2026.

The 2027 budget draft fails to offer systemic answers to war challenges, preserving record poverty, the shadow economy, and a deep crisis in key sectors.

PM Koretsky ordered Ukrainian agencies to prepare a plan within a week to accelerate the identification of repatriated bodies. Over 600 million hryvnias are allocated in the 2027 budget to equip 21 forensic medical bureaus.

NBU head Andrii Pyshnyi stated that the likely VAT increase to 21% to create a business support fund during wartime will have a moderate impact on inflation in Ukraine. The actual entry into force of the rate will require a decision by the Verkhovna Rada.

The draft 2027 budget includes a possible VAT increase to 21% and a rise in the fuel excise duty to create a fund insuring businesses against military risks. Experts warn of a 5–7% price increase.

The 2027 budget draft builds in a possible VAT increase from 20% to 21% to insure business against military risks. The measure will require a separate law by the Rada; an alternative could be support from partners.

Kharkiv mayor Ihor Terekhov, at a round table in Kyiv, proposed cutting VAT on basic food products and medicines to 5%, raising the minimum wage to 10,000 UAH and the pension to 6,000 UAH as part of the preparation of the 2027 budget.

Prime Minister Serhiy Koretskyi has tightened the rules of government work: ministers are now obliged to personally present bills in the Verkhovna Rada and answer deputies' questions. 🇺🇦🏛️ This also applies to the preparation of the 2027 budget, the deadlines for which have already been determined. 📉💰