“Government officials propose to increase treasury revenues by almost 28 billion hryvnias by increasing the income tax for banks.”, — write: www.unian.ua
Government officials propose to increase treasury revenues by almost 28 billion hryvnias by increasing the income tax for banks.
It is proposed to increase the income of the country’s main financial document by UAH 27.8 billion / photo ua.depositphotos.comThe Cabinet of Ministers approved the revised version of the draft state budget for 2026, Prime Minister Yulia Svyridenko reported in Telegram.
“The government has prepared the draft of the State Budget-2026 for the second reading in the Verkhovna Rada,” the head of the government said.
According to her, compared to the version of the estimate, which was approved by the deputies in the first reading, it is proposed to increase the income of the country’s main financial document by UAH 27.8 billion.
“Especially due to the increase in the income tax rate for banks from 25% to 50%,” Svyridenko wrote.
It is proposed to increase the expenses of the state treasury. In comparison with the version of the budget approved by parliamentarians, government officials propose to spend an additional 33.6 billion UAH.
At the same time, more than half of the mentioned funds – UAH 18.9 billion are proposed to be directed to the reserve fund, and another UAH 6.6 billion will be used to gradually increase the salaries of not only school teachers, but also teachers of higher education institutions and professional colleges by 50% during the year.
“We count on the support of people’s deputies and hope for the fastest possible adoption of the State Budget-2026,” the head of the government concluded.
The 2026 budget projectAs UNIAN reported, on October 22, the Verkhovna Rada approved the draft state budget for 2026 in the first reading. The current version of the document foresees state treasury expenditures for the next year at the level of 4.8 trillion hryvnias, revenues – 2.8 trillion hryvnias. The budget deficit is forecast at the level of up to 18.4% of GDP. The need for external financing will amount to UAH 2.79 trillion.
At the same time, on September 19, Minister of Finance Serhii Marchenko stated that Ukraine’s unmet need for foreign financing for 2026 is $18.1 billion.
Financial analyst Andrii Shevchyshyn calls this budget project “more or less realistic” in general, but only if it is possible to find additional funds against the background of a possible increase in costs due to the likely continuation of active hostilities next year.
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