Zelensky Signs Ukraine’s 2026 Budget, Locking In Defense-Heavy Spending

Overview

• President Volodymyr Zelensky signed the 2026 state budget into law on December 10, according to the parliament’s document card.
• Revenues are set at 2.918 trillion UAH, with total expenditures reported at roughly 4.8 trillion UAH.
• The security and defense sector receives 2.8 trillion UAH, including about 1.3 trillion UAH for personnel pay.
• The budget deficit is set at about 1.9 trillion UAH, which officials put at 18.5% of GDP.
• Finance officials said projected revenues were raised before the second reading by counting additional receipts from higher taxation of bank profits.