budget

Non-priority budget expenditures restricted in Ukraine

Over the past month, funding for non-priority budget expenditures has been restricted in Ukraine. The state has focused on securing protected items, including salaries for public sector employees, pensions, payments to military personnel, and…

other materials in the section budget

State Statistics Service of Ukraine downgrades Q2 2026 GDP growth estimate

In the second quarter of 2026, Ukraine’s real GDP grew by 0.4% year-on-year. This figure is 1.5 times lower than the agency’s previous forecasts.


Contrasting Reality: From Billion-Dollar Losses in Defence to New European Integration Commitments

The financial capability of the state today looks like a parallel reality, where strategic achievements on the international stage are constantly offset by internal systemic failures. On one hand, the Government of Ukraine has just approved four…


Figure of the day: 20 billion hryvnias in tax debt reached by large businesses

As of July 1, 2026, the total tax debt of large Ukrainian companies reached 19.94 billion hryvnias. This accounts for approximately 8% of the total debt of companies to the state budget.


Budget to gain over 5 billion UAH annually from mandatory smartphone IMEI registration

New customs clearance rules for mobile phones came into effect in Ukraine on September 4. Importers are now required to specify the unique IMEI code in customs declarations for every device brought into the country.


Russia lowers oil production forecast to a 17-year low

The government of Russia has lowered its 2026 oil production forecast to 494.2 million tonnes, marking the lowest level since 2009, amid the consequences of the war against Ukraine. At the same time, the Kremlin has revised its crude oil and fuel…