In January-August 2026, the general fund of the state budget of Ukraine (excluding grant funds) received 1.7 trillion hryvnias. The gap from the planned indicators reached 33.1 billion hryvnias, of which almost half — 15.6 billion hryvnias — did not arrive in August. This was reported by Delo.ua with reference to the statement of the head of the Verkhovna Rada Committee on Budget Roksolana Pidlasa.
At the same time, the general fund expenditures for eight months were ensured, in particular, thanks to the use of $20 billion in international aid and the attraction of 317 billion hryvnias from the placement of government bonds (of which the increase in August was only about 18 billion hryvnias).
Which taxes were overfulfilled, and where was the deficit
According to the results of eight months, the revenues by main items were distributed as follows:
Import VAT: UAH 433.8 billion (underfulfillment of the plan by UAH 23.8 billion, or 5.2%);
Income tax: UAH 265.7 billion (overfulfillment of the plan by UAH 29.2 billion, or 12.4%);
Personal income tax and military levy: UAH 245.9 billion (overfulfillment by UAH 8 billion, or 3.4%);
Domestic VAT (net of refunds): UAH 218.3 billion (underfulfillment by UAH 35.6 billion, or 14%);
NBU funds: UAH 146.1 billion;
Import excise: UAH 119 billion (overfulfillment by UAH 2.1 billion, or 1.8%);
Internal excise: UAH 88.1 billion (underfulfillment by UAH 12.1 billion, or 12%);
Dividends and part of net profit of state-owned enterprises: UAH 56.2 billion (underfulfillment by UAH 11.6 billion, or 17.1%);
Import duty: UAH 42.5 billion (underfulfillment by UAH 573.8 million, or 1.3%);
Rent: UAH 38.9 billion (overfulfillment by UAH 1.3 billion, or 3.4%).
Since July 2026, the military levy has been credited directly to a special fund for targeted financing of cash support for military personnel of the Armed Forces of Ukraine. The overall underfulfillment of the plan for key budget-forming taxes and fees has reached almost UAH 84 billion.
Expenditure structure and risks of reduction
The absolute priority of state expenditures remains the security sector. Among the largest funding items since the beginning of 2026:
Defense: UAH 1.8 trillion (62% of all general fund expenditures);
Repayment of domestic and external debt: UAH 377.3 billion;
Social protection and support for veterans: UAH 306.8 billion;
Debt servicing: UAH 249.4 billion;
Medical guarantee program and health screening: UAH 127.6 billion;
Teachers’ salaries (educational subvention and additional payments): UAH 102.3 billion;
Basic and additional subsidies: UAH 43.6 billion.
The situation is exacerbated by the fact that the Verkhovna Rada did not support the bills that were a necessary condition for receiving a tranche of macro-financial assistance of $4.26 billion and financing from the IMF of $1.66 billion. Under such conditions, the country faces a sharp reduction in budget expenditures in the near future.
