economy
Government Risks Making State Budget 75% Dependent on Subsidies by 2027
Expert Vadym Denysenko warned that foreign aid could account for 75% of Ukraine’s state budget by 2027. To avoid an economic collapse, the government must change its approach to supporting natural monopolies and negotiating with international donors.
other materials in the section economy
Russian economy avoids recession and can fund war for two more years
The Russian economy has avoided recession thanks to high oil prices and fiscal stimulus, yet the Kremlin will be able to sustain the current pace of war for at least another two years. This is evidenced by estimates from Ukrainian economists, who…
Manufacturing industry provided nearly 18% of tax revenue in the first eight months of 2026
The manufacturing industry became the key taxpayer to the consolidated budget of Ukraine for January–August 2026, providing 17.9% of all revenues. Together with the trade sector, these industries accounted for more than a third of total taxes and…
Russian budget deficit to reach nearly 5 trillion rubles in 2027
The state budget deficit of the russian federation in 2027 is expected to reach nearly 5 trillion rubles. This figure of 2% of GDP is double the previously published estimates.
Business and household lending volumes grow rapidly in Ukraine
As of August 2026, net hryvnia loans to enterprises in Ukraine increased by 33% year-on-year, and loans to households grew by 38%. This is evidenced by data from the National Bank of Ukraine.
The Kremlin Officially Admits to Switching to Mass Strikes on Ukraine’s Civilian Objects
Russian Presidential Spokesman Dmitry Peskov stated that the Russian army has begun launching chaotic strikes across the territory of Ukraine. Moscow has openly admitted its intent to target civilian infrastructure in retaliation for economic…
