The largest share of cash expenditures from Ukraine’s general fund budget for January-October 2025 was spent on wages and benefits, amounting to UAH 1.26 trillion, according to the Ministry of Finance.
According to the Ministry of Finance, in October, UAH 133.1 billion was allocated to wages and accruals, which is 39.9% of the total expenditures of the general fund for the month. Compared to the same period in 2024, labor costs increased by UAH 220.7 billion, or 21.2%, over ten months, including UAH 19.9 billion, or 17.6%, in October.
Expenditures on goods and services for January-October 2025 amounted to UAH 458 billion, including UAH 60.7 billion in October, or 14.5% of the total. In the first ten months of 2024, these expenditures amounted to UAH 416.9 billion, including UAH 53 billion in October, which indicates a significant increase in purchases of goods and services for the budget sector.
In January-October, UAH 524.4 billion, or 16.6% of all general fund expenditures, was allocated to social security—the payment of pensions, benefits, and scholarships. This is UAH 58.4 billion, or 12.5% more than in the same period last year. At the same time, in October 2025, social expenditures were lower than a year earlier—UAH 49.4 billion versus UAH 54.2 billion.
Expenditures on subsidies and current transfers to enterprises, institutions, and organizations for ten months amounted to UAH 384.4 billion, or 12.1% of the total, including UAH 37.3 billion in October. Compared to January-October 2024, these expenditures increased by UAH 117.9 billion, or 44.2%, reflecting the expansion of support for certain sectors of the economy and critical infrastructure.
Servicing the national debt cost the general fund of the state budget UAH 279.9 billion, or 8.8% of all expenditures, in the first ten months of 2025. In October, UAH 33.6 billion was allocated for these purposes. This is UAH 36.3 billion more than in the same period last year, which is due to both an increase in the volume of debt and a change in borrowing conditions.
Finally, UAH 156.3 billion, or 4.9% of general fund expenditures for January-October, was used for transfers to local budgets, including UAH 16.9 billion in October. Compared to the first ten months of 2024, these expenditures increased by UAH 9.3 billion, or 6.3%.
Ukraine’s state budget revenues for January-October 2025 amounted to UAH 2.97 trillion, including general fund revenues of UAH 2.11 trillion, which is 26.4% and 26.1% higher than in the same period of 2024, according to the Ministry of Finance.
At the end of 2024, general fund revenues increased by UAH 513.9 billion, or 30.9%, to UAH 2 trillion 177 billion, while general fund expenditures increased by UAH 454.5 billion, or 15%, to UAH 3 trillion 488.8 billion, according to data from the Ministry of Finance.
Initially, the 2025 state budget was approved with revenues of UAH 2 trillion 327.1 billion, including general fund revenues of UAH 2 trillion 133.3 billion (excluding grants and international aid), and expenditures of UAH 3 trillion 929.1 billion, of which UAH 3 trillion 591.6 billion was allocated to the general fund.
At the end of July, the Verkhovna Rada, at the government’s suggestion, increased the 2025 state budget expenditures by UAH 400.5 billion and revenues by UAH 147.5 billion. In October, parliament approved an additional increase in expenditures of UAH 324.7 billion for the national security and defense sector, while increasing revenues by UAH 20 billion.
Taking into account the changes made, the revenues of the 2025 state budget (excluding grants) are now planned to amount to UAH 2 trillion 482.6 billion, while expenditures are planned to amount to UAH 4 trillion 337.5 billion. The general fund is expected to have revenues of UAH 2 trillion 278.7 billion and expenditures of UAH 3 trillion 990.1 billion.
Thus, the formally projected deficit of the 2025 state budget, excluding grants and international aid, is about UAH 1.85 trillion, and the deficit of the general fund is about UAH 1.71 trillion, a significant part of which, according to the Ministry of Finance, is directed to financing the security and defense sector.
The head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, Danylo Getmantsev, has drawn the attention of the Economic Security Bureau (ESB) and the State Tax Service (STS) to the coffee trade sector, which has become one of the most problematic in terms of tax payments, with state losses reaching UAH 1 billion.
“We all love to start our morning with coffee. But what is a habit for us has long been a sector with significant losses for the state. The problems begin at the customs clearance stage: every third ton of coffee is smuggled in annually, disguised as chicory or without any declaration at all. The leaders in customs clearance are the Kyiv and Lviv customs offices,” he wrote on his Telegram channel.
According to him, the problems do not end at customs: markets and large retail chains, divided into individual entrepreneurs, are also involved in the schemes of selling illegal coffee for cash, with losses amounting to over a billion hryvnia.
The MP reported that in the first nine months of 2025, the industry showed disappointing results, namely: the VAT payment rate increased to 1.45% (+0.28 p.p. compared to 2024), but it is still 0.46 p.p. lower than in 2023, and income tax fell to 0.85% (-0.09 p.p. compared to 2024).
According to Getmantsev, the main risk for the sector is the level of wages, where 89% of taxpayers pay below the market average salary of UAH 12,900, while, according to work.ua, the market average is UAH 22,000. At the same time, more than 18% of enterprises have an average salary below the minimum, which is evidence of the use of tax evasion schemes.
“It is obvious that a significant part of the industry is in the shadows. The question to the tax authorities is: what is the matter with tax control, where are the cash registers/payment terminals?” said the head of the parliamentary committee, calling on the BEB and the DNS to take urgent measures to de-shadow the coffee industry.
The draft state budget for 2026 allocates UAH 17.9 billion for measures to support veterans, which is UAH 6.1 billion (51.5%) more than in the current year 2025, according to a statement posted on the official website of the Servant of the People party on Friday, citing Taras Tarasenko, a member of parliament from this political force and deputy chairman of the Verkhovna Rada Committee on Social Policy and Protection of Veterans’ Rights.
“Veterans are not a separate category of citizens, but part of modern Ukrainian society, which is shaped by their courage. That is why state policy is aimed at ensuring that every veteran has the opportunity to return to a full life, realize their potential, and feel dignified support from the state and the community,” Tarasenko emphasized.
He emphasized that the increase in funding applies to all key areas of veteran policy, from housing programs to psychological rehabilitation and the development of the veteran movement.
In particular, in 2026, UAH 5.7 billion is earmarked for housing compensation for veterans with disabilities of groups I and II (UAH 1.7 billion more than in the 2025 State Budget).
UAH 4 billion is earmarked for measures to support veterans, including psychological assistance, professional adaptation, the development of veteran sports, support projects, and one-time cash assistance. This is UAH 2.6 billion more than in the current year’s budget and will include new programs for converting cars to meet the needs of veterans, treating burns and scars, and adapting those who have lost their sight.
UAH 2.9 billion is earmarked for specialists to support veterans, who will help each of them navigate the process from applying to state structures to receiving all the necessary services (an increase of UAH 0.9 billion compared to the 2025 State Budget).
UAH 1.1 billion is earmarked for the creation and development of veterans’ spaces where veterans can receive counseling, psychological support, and participate in educational and community initiatives (an increase of UAH 0.6 billion compared to the 2025 State Budget).
“Support specialists, veteran spaces, and rehabilitation programs are an investment in human capital, in returning soldiers to a life where they feel support, respect, and the opportunity to move forward. We are trying to build a system centered on people who have gone through war,” said the MP.
He also emphasized the importance of communication with municipal and public institutions and veterans’ organizations, since the network of veterans’ spaces cannot be based solely on state institutions, but must bring together all existing initiatives.
“Only together can we create an effective system. Because when a veteran is forced to run between different spaces in search of help, it is not useful for him or for the system as a whole. Our goal is to ensure that veteran policy is not reduced to privileges, but becomes a system of opportunities,” Tarasenko concluded.
The tax debt of Ukrainian citizens who received income from posting content on the OnlyFans platform in 2020–2022 amounts to UAH 384.7 million as of September 1, 2025. This was reported by the State Tax Service in response to a journalist’s request, as reported by Ekonomichna Pravda; the information has also been confirmed by a number of Ukrainian media outlets.
The tax service clarified that this refers specifically to the tax debt of individuals on income from the service owner Fenix International Ltd for the period 2020-2022; data for 2023 has been received recently and is currently being processed.
It should be noted that the State Tax Service treats the income of Ukrainian residents from OnlyFans as foreign income subject to taxation in Ukraine (income tax and military tax; some authors work as sole proprietors). At the same time, the platform itself pays VAT in Ukraine on electronic services (the so-called “Google tax”): in 2023, the amount of such VAT exceeded $928,000.
Previously, the media raised the issue of conflicts between criminal law provisions on pornographic content and the need for authors to declare their income, but the fiscal authority’s position on the taxation of such income remains unchanged.
Revenues from taxes, fees, and mandatory payments to the general and special funds of the state budget of Ukraine for the first eight months of 2025 amounted to UAH 2.40 trillion, while cash expenditures amounted to UAH 3.23 trillion, which is approximately 24.2% and 23.7% higher than the corresponding figures for the first eight months of 2024.
According to operational data from the State Treasury Service, published by the Ministry of Finance on its website, general fund revenues increased by 20.4% to UAH 1.71 trillion, while expenditures increased by 19.4% to UAH 2.50 trillion.
At the same time, in August this year, state budget revenues decreased by 30.1% compared to August last year, to UAH 314.2 billion, including the general fund – by 37.3%, to UAH 242.9 billion. This is due to significantly lower grant revenues – UAH 44 billion in August 2025 compared to UAH 228.1 billion in August 2024.
It is noted that after raising the military tax from 1.5% to 5% and introducing a condition for reserving a salary of UAH 20,000 this year, personal income tax and military tax moved from fourth to second place in terms of revenues for the first eight months of this year – UAH 230.9 billion compared to UAH 134.5 billion last year.
In addition, the main revenues were provided by: VAT on goods imported into the customs territory of Ukraine – UAH 340.4 billion (UAH 302.1 billion for the first eight months of 2024), corporate income tax – UAH 211.6 billion (UAH 195.3 billion), VAT on goods produced in Ukraine – UAH 206.5 billion for reimbursement of UAH 116.1 billion (UAH 175.0 billion for reimbursement of UAH 95.8 billion), excise tax – UAH 186.3 billion (UAH 129.6 billion).
In addition, dividends and part of the net profit of state-owned companies amounted to UAH 64.2 billion (UAH 66.5 billion), import and export duties – UAH 34.7 billion (UAH 31.6 billion), rent for the use of subsoil resources – UAH 27.4 billion (UAH 32.7 billion).
The Ministry of Finance added that another UAH 84.2 billion (UAH 38.6 billion) was added to the budget from the National Bank’s profits, and grants amounted to UAH 254.9 billion (UAH 268.3 billion).
Revenues from the unified social tax (UST) to pension and social insurance funds in January-August 2025 increased by 22.3% to UAH 423.5 billion, including in August by 21.0% to UAH 54.1 billion.
The Ministry of Finance also reported that as part of the financing of the general fund of the state budget, state borrowings to it in January-August 2025 amounted to UAH 1.24 trillion, or 106.1% of the plan, including UAH 345.5 billion received on the domestic market from the placement of government bonds (UAH 318.4 billion for the first eight months of 2024), including UAH 78.0 billion in foreign currency – $1.24 billion and EUR 557.7 million. At the same time, UAH 152.5 billion was raised through the issuance of military government bonds.
According to the release, approximately $21.4 billion or UAH 889.8 billion came from external sources, including approximately $13.3 billion under the ERA, with the total volume of this mechanism reaching $50 billion.
In addition, Ukraine received another EUR6.14 billion from the EU as part of the Ukraine Facility preferential long-term loan, $0.96 billion from the IMF, and $0.26 billion from the World Bank for the projects “Transforming Health Care through Reform and Investment in Efficiency” (THRIVE), “Creating Resilient Infrastructure in Vulnerable Environments in Ukraine” (DRIVE), and “Modernization of the Social Support System for the Population of Ukraine.”
Payments on the repayment of public debt for January-August 2025 amounted to UAH 404.0 billion, or 94.8% of the plan, and service payments amounted to UAH 233.3 billion, or 82.3% of the plan.
As reported, the 2025 state budget was approved with revenues of UAH 2 trillion 327.1 billion, including the general fund – UAH 2 trillion 133.3 billion (excluding grants and international aid), and expenditures of UAH 3 trillion 929.1 billion, including the general fund – UAH 3 trillion 591.6 billion. At the end of July, the Verkhovna Rada, at the government’s proposal, increased this year’s budget expenditures by UAH 400.5 billion and revenues by UAH 147.5 billion.
In 2024, the state budget received UAH 3 trillion 120.5 billion in revenues, which is UAH 448 billion, or 16.8%, more than the 2023 state budget. The general fund’s revenue growth amounted to UAH 513.9 billion, or 30.9%, to UAH 2 trillion 177 billion, in particular, international financial assistance in the form of grants amounted to UAH 453.6 billion compared to UAH 433.9 billion in 2023.
State budget expenditures in 2024 increased by UAH 464.5 billion, or 11.6%, compared to 2023, to UAH 4 trillion 479.3 billion, in particular, under the general fund – by 15%, or UAH 454.5 billion – to UAH 3 trillion 488.8 billion.
