Ukrainian Parliament Approves Major Budget Revisions for 2025: Over 300 Billion Hryvnias Increase in Expenditures
On Tuesday, Ukraine’s Verkhovna Rada made a significant decision to amend the state budget for 2025.
Deputies approved changes that allow for a substantial increase in overall expenditures by more than 300 billion hryvnias, primarily focusing on defense and national security needs.
Draft Law No.
14103, introduced by parliamentarians, was supported by 297 deputies during the vote.
This decision was driven by the urgent need to fund rising military requirements amid the ongoing conflict, with particular emphasis on salaries for servicemen and logistics support for the armed forces.
According to the head of the parliamentary Budget Committee, Roksalana Pidlas, passing such a law was crucial, as delays in payments could adversely affect the combat readiness of Ukrainian troops.
To cover the additional costs, the government plans to draw funds from several sources, including international aid—about 294.3 billion hryvnias.
Of this amount, 6 billion euros are expected to be borrowed through the ERA loans program, which will be repaid from revenues generated by frozen assets of Russia.
Additionally, a reduction of 10.4 billion hryvnias in non-military expenditures is projected.
The government also intends to secure 20 billion hryvnias from increased tax revenues, particularly from personal income tax and military levy in November-December.
The Ministry of Finance has reported a significant rise in budget expenditures compared to the previous year.
Furthermore, Finance Committee Chair Danilo Hetmanets proposed increasing social standards in the 2026 budget, suggesting the minimum subsistence level should be raised to 4700 hryvnias (currently 2920), and the minimum wage to at least 12,000 hryvnias (currently 8000).
These measures highlight the country’s focus on boosting social protection and ensuring economic stability during these challenging times of active military engagement and external aggression.