The Verkhovna Rada has adopted the State Budget for 2025 in its entirety. A total of 257 deputies voted in favor.
Narodny Deputy Yaroslav Zheleznyak reported this news.
“The record expenditures are set at 3.94 trillion UAH, with defense spending amounting to 2.22 trillion UAH,” the deputy noted.
Moreover, revenue has been determined at 2.3 trillion UAH (including 141 billion UAH from tax bill 11416d).
“We are also expecting external financing of $38.4 billion next year,” Zheleznyak added.
As stated by Prime Minister Denys Shmyhal, expenditures for education will reach nearly 199 billion UAH, while healthcare will receive 217 billion UAH. Significant modernization and development projects are planned in both sectors. A total of 10.7 billion UAH is allocated for updating medical facilities, purchasing modern equipment, and establishing rehabilitation centers. Additionally, 17.5 billion UAH has been earmarked for the modernization of educational institutions and the arrangement of shelters.
“Support for citizens is the second priority of this budget. In March, we plan to index pensions. Overall, nearly 421 billion UAH is allocated for social assistance programs,” he added.
The Budget Committee earlier proposed:
It is worth noting that during the second reading, budget expenditures were increased by 50 billion UAH, of which:
At the same time, as previously reported by the Ministry of Finance, revenues that were previously directed to a special fund amounting to 43.2 billion UAH for financing the State Road Fund are now fully transferred to the general fund of the budget.
The ministry clarified that an additional 1 billion UAH has been allocated for the development of armaments and military equipment for the Ministry of Defense and GUR MO. Meanwhile, the funding for the General Prosecutor's Office has been cut by 1.2 billion UAH.
500 million UAH is allocated for supporting the defense industry, specifically aimed at reducing loan costs for enterprises. An additional 646 million UAH has been earmarked for the Ministry of Health, including 500 million UAH for reimbursing medications for treating cardiovascular and neurological diseases.
The Ministry of Culture and Strategic Communications has received an additional 488.4 million UAH, of which 200 million UAH is directed toward strategic communication projects and promoting a positive image of Ukraine abroad. Additionally, 150 million UAH is specifically allocated to support Ukrainians abroad and facilitate their return to Ukraine through the activities of the Agency for the Unity of Ukrainians under the Ministry of Economy.
Expenditures for the Ministry of Social Policy have been increased by over 1.4 billion UAH, including:
An additional 1 billion UAH in the state budget project is allocated for supporting livestock and processing agricultural products.
Another 1 billion UAH is designated for the implementation of investment projects through the State Fund for Regional Development and restoration work in Kharkiv.
To provide compensation for destroyed housing, 3 billion UAH is allocated, while for damaged property, 1 billion UAH is set aside.
The budget also takes into account the decision of the Strategic Investment Council to allocate 36.4 billion UAH for the implementation of priority areas of public investment, including:
Expenditures from the general fund of the state budget before the second reading amount to 3.94 trillion UAH.
Social standards: the minimum wage and the subsistence minimum remain at the level of December 2024. The budget also provides for a new model for managing public investment projects with a planned allocation of 25 billion UAH for 2025.
The projected financing of the state budget for 2025 anticipates a reduction in the budget deficit to 19.4% of GDP (compared to 20.6% in the current law on the state budget for 2024).
Background. Earlier, Mind reported that the VR Committee approved the budget-2025 project for the second reading. During the committee meeting, only two amendments were supported: not to transfer hospitals to treasury servicing and to exclude the provision regarding political parties’ ability to invest in government bonds.