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Ukraine’s Parliament Approves 2026 Budget With Defense Priority and 18.5% Deficit

The vote positions Kyiv to seek over $45 billion in external financing next year.

Overview

  • Lawmakers passed bill No. 14000 in the second reading and as a whole, with 261 votes and then 257 in the final tally.
  • The plan sets revenues at UAH 2.918 trillion and spending at UAH 4.781 trillion, leaving a UAH 1.9 trillion gap equal to 18.5% of GDP.
  • Defense totals UAH 2.8 trillion, including an additional UAH 1 billion for weapons procurement through redistribution from a reserve program.
  • Teacher pay rises of 30% from January and a further 20% from September were retained, with UAH 4.8 billion added for a teaching‑prestige program.
  • Passage followed tense debates and a rostrum blockade by opposition MPs, who demanded higher defense and social allocations.