Budget Committee of the Rada recommends adopting the 2027 budget in first reading

Budget Committee of the Rada recommends adopting the 2027 budget in first reading
Budget Committee of the Rada recommends adopting the 2027 budget in first reading

Committee recommends adopting the draft law

The Budget Committee of the Verkhovna Rada recommended that the parliament adopt the draft Law on the State Budget of Ukraine for 2027 in first reading. This was announced by the chair of the responsible committee, Roxolana Pidlasa.

It is noted that specialists analysed over 5,000 amendments, resulting in the formation of 90 final conclusions. It is planned that Members of Parliament will review the document in first reading on approximately 28 October.

Changes in the defence sector and security

Before preparing the draft for second reading, MPs instructed the Cabinet of Ministers to work out a number of key changes. In the defence and security sector, it is proposed to increase the monetary remuneration of military personnel. It is also envisaged to double the volume of state guarantees for enterprises of the defence-industrial complex to 60 billion UAH.

In addition, according to Pidlasa, the budget will allocate more funds for housing for Ukrainian Armed Forces fighters and create a subvention for centres preparing citizens for national resistance.

Education, science, and healthcare

In the field of education and science, the committee proposed to increase expenditure. Specifically, 27 million UAH will be allocated for the remuneration of teachers during the National Unified Exam. Expenditure on research institutions of the National Academy of Sciences of Ukraine will be increased by 700 million UAH, and the Ukrainian Academy of Leadership will receive an additional 10 million UAH.

Furthermore, the government is to consider expanding subventions for shelters in educational institutions, equipping workshops, and ensuring their energy independence.

In healthcare, parliamentarians allocated 150 million UAH for medicines against autoimmune and neuromuscular diseases. They also instructed to find funding for osteointegrative prosthetics for veterans and medical devices for the Feofaniya Hospital.

Regional support and economic development

To support regions, it is proposed to retain 4% of personal income tax in local community budgets, not to withdraw the reverse grant, and to increase the resources of the State Fund for Regional Development. Additional funds will be directed towards housing for internally displaced persons, specifically combatants and persons with disabilities resulting from the war.

Regarding economic development, the committee proposes to allocate 100 million UAH for humanitarian demining. It is also initiated to cancel budget funding for the "National Cashback" programme in favour of direct support for business. Allow the conduct of large privatisation auctions with a reduction in the starting price for the sale of loss-making assets.

Parliamentarians also initiate increasing compensation for farmers for the construction of farms, expanding preferential lending, and introducing guarantees for shipowners in the territorial waters of Ukraine.

Social sphere and public administration

In the social sphere, deputies instructed officials to conduct an inventory of legislation with the aim of decoupling fines and payments from the subsistence minimum and the minimum wage. In the public administration system, it is proposed to expand expenditure on foreign diplomatic missions of the Ministry of Foreign Affairs and the repair of scanners for customs.

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