Ukraine Approves 2025 State Budget

On Wednesday, President Volodymyr Zelenskyy signed the law on the state budget for 2025, emphasizing the priority of defense and security amid the ongoing military conflict. The bill was passed by the Verkhovna Rada of Ukraine, allocating significant funds for military needs and social sectors.

Defense and Armament: A total of 2.23 trillion hryvnias has been allocated for defense and armament. This reflects the country's strategic direction towards strengthening defense capabilities in light of current geopolitical challenges.

Social Protection: 420.9 billion hryvnias are designated for social protection, highlighting the commitment to social obligations even during wartime.

Healthcare and Education: Healthcare will receive 217 billion hryvnias, while 199 billion hryvnias are allocated for education, indicating the priority of these sectors for the country's long-term development.

Overall Funding and Revenue: Total expenditures for the next year are planned at 3.6 trillion hryvnias, with revenues projected at 2.05 trillion hryvnias. These figures indicate a significant budget deficit, likely to be covered by international aid and loans.

This budget reflects Ukraine's effort to balance defense requirements with the need to cater to civilian needs, while maintaining a commitment to developing key social areas even in wartime conditions. Zelenskyy's signing of the budget confirms his determination to continue the fight for the country's sovereignty and welfare.