Ukraine's 2025 Budget Draft: A Focused Look on Revenue and Defence

Ukraine’s government has approved the 2025 draft budget which outlines 2 trillion hryvnias in revenues and 3.6 trillion hryvnias in expenditures. A significant allocation of 2.22 trillion hryvnias is earmarked for defence, reflecting ongoing military challenges due to the prolonged Russian invasion.

Ukraine's government has approved the 2025 draft budget, Prime Minister Denys Shmyhal announced on Friday.

Shmyhal, posting on Telegram, detailed that the draft is set to be presented to parliament and it includes revenues amounting to 2 trillion hryvnias along with expenditures of 3.6 trillion hryvnias.

Formulated 2-1/2 years after Russia's invasion, the draft also prioritizes defence with a substantial allocation of 2.22 trillion hryvnias ($53.5 billion), reflecting the continuing military pressures facing the nation.

(With inputs from agencies.)