The Cabinet of Ministers approved the draft State Budget-2025 for the second reading: how expenditures have increased

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The Cabinet of Ministers approved the draft Budget for 2025 for the second reading with defense spending of UAH 2.225 trillion. An additional UAH 50 billion has been allocated for education, healthcare, and support for veterans.

The government has approved the draft state budget for 2025 for the second reading, Prime Minister of Ukraine Denys Shmyhal said, reports UNN.

Despite some changes, the main priority remains the same: defense, defense capability and security of Ukraine. We propose to allocate UAH 2 trillion 225 billion for these needs. All funds of Ukrainian taxpayers will be used exclusively for the security and defense forces, for the production and purchase of new weapons, drones and equipment 

- Shmyhal said.

According to him, the social sphere, education and healthcare remain among the budget priorities.

Shmyhal also added that budget expenditures were increased by UAH 50 billion for the second reading:

- We propose to allocate an additional UAH 24 billion for education. Of these funds: UAH 12 billion for additional payments to teachers and another UAH 12 billion for investment projects in the education sector

- We propose to allocate additional UAH 6.3 billion to healthcare

- We propose to allocate an additional UAH 5 billion to support veterans.

- The road fund will not be financed in 2025, but we are allocating UAH 12.6 billion to repair sections important for defense and the functioning of the state economy. We also envisaged the continued operation of the eRestoration program and its full funding.

“This draft budget responds to the main challenges facing our country. This is our guarantee that Ukraine will have the necessary resources to withstand, win and become even stronger,” the Prime Minister summarized.

State Budget 2025: what changes were made for the first reading and how much will be spent on defense31.10.24, 13:48

Antonina Tumanova Economy
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