Serhiy Marchenko
Ukraine's Minister of Finance called the subsistence minimum a purely calculated indicator. According to him, payments need to be decoupled from the size of the subsistence minimum.
Against the backdrop of a severe budget deficit and the forced restriction of government spending, it is particularly important to preserve businesses that continue to operate and pay taxes. At the same time, the aviation industry, which despite the closed airspace paid almost UAH 27 billion in taxes and fees in 2022–2025, has come under pressure due to a new interpretation of aviation leasing taxation.
The 2027 draft budget envisages a deficit of 15% of GDP and debt exceeding 110% of GDP. UAH 4.885 trillion is planned to be allocated to security and defense.
Lesia Karnaukh was relieved of her duties as acting head of the State Tax Service. The Ministry of Finance must submit candidates for a new head or acting head to the government
The Verkhovna Rada committee recommended adopting bills on VAT for parcels worth up to 150 euros starting from the first euro. The new rules may come into effect no earlier than July 2027.
The Finance Minister forecasts a budget deficit of up to $32. 6 billion and a possible postponement of non-military payments. He called on the EU to use Russian assets.
The government and parliament discussed budget challenges and funding for the Defense Forces. The parties agreed to work on attracting international funding.
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.
The President instructed the Prime Minister and the relevant ministers to discuss the capacity of local budgets with the communities and conduct a logistics audit.
The third day of the Ambassadors’ Conference concluded in Kyiv, where priorities were identified for attracting international assistance and supporting the energy sector. Diplomats were urged to intensify their efforts to get through the heating season.
Ukraine received the second IMF tranche of about $690 million under the four-year EFF program. The funds will be directed to support macro-financial stability and priority expenditures.
The Verkhovna Rada appointed a new Cabinet of Ministers headed by Serhii Koretskyi. Some ministers retained their positions, and a number of ministries were divided.
Prime Minister Serhiy Koretsky proposed appointing new ministers, including Shmyhal as first vice prime minister. The Rada will consider the proposal in the near future.
MP Zheleznyak reported that President Zelenskyy will propose Ihor Klymenko, who headed the Ministry of Internal Affairs, for the post of Minister of Defense. Fedorov will not retain his post due to the failure of the TCC reform.
The government forecasts an exchange rate of 51. 5 hryvnia per dollar and wage growth through 2029. The budget declaration envisages an increase in public debt and the deficit.
Military personnel on the front lines will be paid an average of 300,000 hryvnias under new contracts. The Cabinet of Ministers will launch the updated payment mechanism as early as June.
President Zelenskyy has appointed Oleksandr Zavitnevych and Serhii Marchenko to the Staff of the Supreme Commander-in-Chief. Decree No. 445/2024 takes effect on the day of its publication.
The government has approved a draft Customs Code based on EU standards for accession to the union. The new rules will simplify logistics and customs procedures for businesses.
The Rada ratified the attraction of 90 billion euros from the EU for 2026-2027. The funds will be directed to defense and the budget, with repayment covered by Russian reparations.
Zelenskyy submitted a memorandum to the Rada regarding a 90 billion euro loan. To receive the funds, Ukraine must amend its tax and customs legislation.
The search for alternative sources of budget revenue for 2027 is currently underway.
The Ministry of Finance signed a memorandum on payment deferral with creditor countries. Debt repayment will begin in equal installments in 2035-2039.
Kyiv has attracted 90% of funds through the ERA Loans mechanism from the income of Russian assets. The EU plans to provide another 90 billion euros in loan support in 2026-2027.
Valdis Dombrovskis urges the US, Japan, and Britain to accelerate funding due to payment delays. Currently, only 15 out of 45 billion euros have been secured.
The Cabinet of Ministers appointed Orest Mandziy as the head of customs based on the results of the competition. The new head is expected to reform and ensure the transparency of the customs system.
The faction and ministers discussed draft laws to fulfill obligations to donors. According to Arakhamia, there was an open discussion on issues that concern society and on which financial aid depends.
Kyiv will only have enough finances until June, according to estimates, due to Hungary's blocking of EU aid and delays from the IMF. The NBU may begin direct lending to the state budget.
The Cabinet of Ministers plans to introduce a 5% military levy and VAT for individual entrepreneurs by April due to the budget deficit. The Ministry of Finance warns of possible restrictions on non-military payments.
Journalists have uncovered business ties between members of the commission for selecting the head of the State Customs Service and candidate Vladyslav Suvorov. The commission denies a conflict of interest, despite their past joint work.
The Ministry of Development has approved the composition of the group to prepare for the resumption of civilian flights. Experts will develop measures to protect critical infrastructure.