State budget
In Kyiv, Zelenskyy held six meetings with the leaders of the Nordic and Baltic countries. The parties discussed air defense, energy, and defense financing.
Ukraine is short of 27 billion for defense needs, of which 10 billion is needed for weapons in January–March 2027. Zelenskyy urged the EU to accelerate the loans.
MP Kreidenko called on the Cabinet of Ministers to establish a working group following the BEB's new interpretation of the taxation of aircraft leasing as royalties. The Ministry of Finance should provide a single clarification.
The government and parliament discussed budget challenges and funding for the Defense Forces. The parties agreed to work on attracting international funding.
Zelenskyy said that the war has become more expensive, while Ukraine lacks the resources for defense and active operations. Over the next four months, it must not give in to Russia.
Law No. 13704-d guarantees payments, treatment, rehabilitation, and the freedom to choose a prosthetist. The government must develop procedures and an amputation prevention program.
The Verkhovna Rada supported Draft Law No. 15450 on first reading. The Code is to enter into force on December 1, 2027, and pave the way for €1.5 billion in aid.
With 331 votes, Parliament adopted a law on comprehensive support for children and persons with disabilities starting in 2027. The base amount will be at least 4,000 hryvnias.
The Cabinet's program of activities provides for improving military registration and the remuneration system. It is also planned to raise €60 billion to purchase weapons.
The Cabinet of Ministers has submitted a program of activities to the Verkhovna Rada, which envisages opening all negotiation clusters with the EU during 2026–2027 and being ready to close them in 2027.
VEB Chief Economist Andrey Klepach said that Russia is losing the technological and economic competition, including to Ukraine. He predicts a social crisis in the Russian Federation due to rising costs and a declining economy.
According to the Foreign Intelligence Service of Ukraine, Russia’s federal budget deficit reached 6. 46 trillion rubles, while oil and gas revenues fell by 17%. The authorities are preparing a new tax increase due to the depletion of the National Wealth Fund’s liquid resources.
The Trump–Putin summit in August 2025 did not lead to a ceasefire or a peace agreement. A year later, the fighting continues, and Ukraine is once again submitting proposals to the United States.
The Cabinet of Ministers has updated the terms of state guarantees for small and medium-sized businesses. The changes increase borrowers’ responsibility and clarify mechanisms for the return of funds.
The Cabinet of Ministers is allocating UAH 41. 1 million from UNITED24 for computers, furniture and generators for educational institutions. The funds will be distributed among Zaporizhzhia, Odesa and Kharkiv regions.
In July, Russia's federal budget deficit amounted to 724 billion rubles, and over seven months it reached 6. 5 trillion rubles. War spending is rising despite the economic slowdown.
The President signed a decree establishing a park covering more than 13,700 hectares in Kropyvnytskyi District. The territory includes forest and water fund lands, and the administration will operate under the management of the State Forest Resources Agency.
In its 2026 report, the U. S. State Department praised Ukraine for providing open access to budget documents despite the war. At the same time, it noted that the Cabinet of Ministers maintains extrabudgetary accounts for military expenditures without an independent audit.
A military official in Lviv region signed orders to pay UAH 100,000 to servicemen who did not participate in battles. UAH 16 million was unjustifiably paid from the budget; he faces up to 8 years in prison.
The Prime Minister held a meeting on the commitments under the Ukraine Facility, identifying problematic areas and deadlines. Ukraine has already attracted €29.5 billion out of the €46.8 billion envisaged by the plan.
Prime Minister Serhii Koretskyi convened a meeting with the Secretary of the National Security and Defense Council and the Minister of Finance to discuss the funding needs of the Defense Forces. The government is seeking additional resources, including through international assistance.
In 65 of Russia’s 85 regions, real budget revenues in 2025 were lower than in 2021. The main reasons are reduced federal transfers and a decline in corporate income tax revenues.
Overdue accounts receivable of russian enterprises reached $112. 53 billion, increasing by 9.9% over five months. Intelligence officials say the real scale of non-payments is significantly greater than the official data indicate.
In July, Ukrainians invested a record amount in domestic government bonds, increasing the portfolio to UAH 159. 3 billion. Overall, in January-July, the state budget received UAH 310.2 billion from bond placement.
The Cabinet of Ministers has still not approved the procedure for issuing certificates worth UAH 150,000 for contract soldiers. The Ministry of Finance explains the delay by the need for UAH 27.5 billion and the budget deficit.
Prosecutors notified 11 individuals of suspicion for illegally accruing additional payments to accountants of a military unit. They falsely indicated participation in combat operations on the Zaporizhzhia direction, although they did not perform tasks.
Ukrainian airlines operate 131 leased aircraft out of 152, which is 86% of the fleet. The Bureau of Economic Security is investigating cases against 5 airlines over the interpretation of lease payments as royalties.
Ombudsman Dmytro Lubinets reported numerous violations at the children's camp "Artek Zakarpattia". Unsanitary conditions, rotten food, mold in the shelter, and lack of proper safety were found.
July 31 is the last day when Ukrainians can spend accumulated funds under the National Cashback program. From August 1, the unused balance will be returned to the state budget.
The National Bank of Ukraine worsened its inflation forecast for the end of 2026 to 10% from 9. 4%. Inflation will begin to decline in 2027 to 6.9% and reach 5% at the end of 2028.