Direct funding for security and defense in Ukraine’s draft 2027 state budget amounts to approximately UAH 4.855 trillion, or 66.8% of all planned expenditures, reports the Experts Club information and analytical center.
Including UAH 30 billion in state guarantees, the government declares a total defense resource of UAH 4.885 trillion. Compared with the 2026 plan, this represents an increase of approximately UAH 517.8 billion, or 11.9%.
Most of the increase is allocated to military pay and salaries with related charges, which rise from UAH 1.454 trillion to UAH 1.792 trillion. Meanwhile, the comparable allocation for weapons and military equipment in the Finance Ministry’s presentation remains virtually unchanged at UAH 2.299 trillion, compared with UAH 2.297 trillion in 2026.
Civilian sectors will also receive nominal funding increases. Social spending rises to UAH 540.3 billion, education to UAH 328.5 billion, and healthcare to UAH 292.5 billion. However, part of these increases will be absorbed by projected average annual inflation of 8.6%.
The draft budget also relies on several tax measures that still require legislative approval. In particular, the calculations include an increase in the standard VAT rate from 20% to 21%, expected to generate an additional UAH 58.7 billion. Four proposed tax measures together are expected to raise UAH 117.3 billion.
The macroeconomic forecast assumes real GDP growth of 1.3% in 2027, average annual inflation of 8.6%, and an average exchange rate of UAH 47.1 per US dollar, compared with an expected UAH 44.4 in 2026. The year-end 2027 exchange rate is projected at UAH 48.3 per dollar.
Despite shelling and destruction, DTEK managed to increase its tax payments to 14 billion in January–March 2026, a 10% increase compared to the same period last year, the energy holding company reported on Monday.
“Nearly 13 billion hryvnias were paid to the central budget, and over 1 billion hryvnias to local budgets,” the company noted.
As explained by DTEK, the group continues to intensively prepare for the coming winter, so it is investing in repairs to thermal power plants and power grids following enemy attacks, and is actively building new renewable energy facilities.
Over 101 billion hryvnias have been invested in both of these areas since the start of the full-scale invasion.
“Ukrnafta” paid 8.86 billion UAH in taxes, fees, and customs duties to the state budget in the first quarter of 2026.
“In total, since the company came under state management, the amount of taxes, fees, and customs duties paid for 2023–2026 has exceeded UAH 106 billion,” noted Bohdan Kukura, Chairman of the Board of JSC Ukrnafta. “This is the company’s systematic contribution to supporting the economy and financing the state’s needs, particularly those of the Armed Forces. I thank the team for their consistent work and results.”
As of the end of 2025, Ukrnafta, as part of the Naftogaz Group, paid 28.8 billion UAH in taxes and fees to the state budget.
JSC “Ukrnafta” is Ukraine’s largest oil producer and operates the country’s largest national network of gas stations—UKRNAFTA. In 2024, the company entered into an asset management agreement with Glusco. In 2025, it finalized a deal with Shell Overseas Investments BV to purchase the Shell network in Ukraine. In total, it operates nearly 700 gas stations.
The company is implementing a comprehensive program to resume operations and modernize the format of gas stations in its network. Since February 2023, it has been issuing its own fuel vouchers and “NAFTACard” cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a stake of 50% plus one share.
In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state the share of corporate rights in the company that belonged to private owners, which is now managed by the Ministry of Defense.
The Naftogaz Group paid 21.739 billion UAH in taxes to budgets at all levels in January–March 2026, the company reported on Wednesday.
Of this amount, 19.7 billion UAH went to the state budget, and over 2 billion UAH to local budgets.
“Despite widespread destruction and constant Russian attacks on oil, gas, and energy infrastructure, Naftogaz remains a reliable taxpayer to the state budget,” said Serhiy Koretskyi, Chairman of the Board of NJSC Naftogaz of Ukraine.
The company added that the Naftogaz Group remains one of the largest taxpayers in Ukraine.
As reported, Naftogaz Group companies paid 44.4 billion hryvnias in taxes during the first six months of 2025, of which 40.7 billion hryvnias went to the state budget.
The distribution system operators (DSOs) of DTEK Networks paid over UAH 1 billion in taxes to the state budget and the local budgets of Kyiv, Donetsk, Dnipropetrovsk, and Odesa regions, as well as the city of Kyiv, during the first three months of 2026, the operating holding announced on Friday.
“Even amid constant attacks on the power grid and challenging operations in frontline regions, DTEK Networks’ distribution system operators continue to systematically support the country’s economy,” the company noted.
UAH 872 million was transferred to the state budget, with another UAH 243 million going to local budgets.
“We are working under extremely difficult conditions, restoring networks after shelling while simultaneously supporting the economy. In the first quarter of this year, DTEK Networks’ distribution system operators have already transferred over one billion hryvnias to budgets at various levels,” said Alina Bondarenko, CEO of DTEK Networks.
In 2025, DTEK Networks paid over 5.8 billion UAH in taxes. Of this amount, nearly 4.9 billion UAH went to the state budget, and over 0.9 billion UAH to local budgets.
“DTEK Networks” operates in the electricity distribution and power grid operation sectors in Kyiv, Kyiv, Dnipropetrovsk, Donetsk, and Odesa regions. The holding’s distribution system operators serve 5.1 million households and 150,000 businesses.
Kernel, one of Ukraine’s largest agricultural holdings and a major taxpayer in the country’s agribusiness sector, paid 5.7 billion UAH in taxes and fees to budgets at all levels in 2025, the company’s press service reported on Thursday.
According to the company’s statement, nearly 2.4 billion UAH went to local budgets, approximately 2.1 billion UAH to the state budget, and 1.2 billion UAH constituted the unified social contribution (USC). In total, since the start of the full-scale invasion, the company has contributed over 19.5 billion UAH to Ukraine’s budgets.
At the same time, according to the company’s financial report, in the first half of fiscal year 2026 (FY, July–December 2025), Kernel reduced its net profit by 33% compared to the same period last year—to $119 million. Consolidated revenue amounted to $1.924 billion, which is 1% less than in the first half of FY 2025, while EBITDA fell by 14% to $247 million.
“The agricultural sector operates under constant pressure from military risks. However, it is important for Kernel to maintain stable payments. Even with declining margins, we continue to provide significant revenue to the budget,” said the company’s CFO, Serhiy Volkov.
The company added that the total losses incurred by enterprises due to Russia’s military aggression over the past year alone are estimated at nearly UAH 135 million. At the same time, since 2022, Kernel has allocated over UAH 4.5 billion to support the Ukrainian Armed Forces and local communities.
Kernel Agricultural Holding is the world’s largest producer and exporter of sunflower oil, Ukraine’s largest grain exporter, an operator of an extensive network of logistics assets, and a leading producer of grain and oilseeds in Ukraine. It is one of the largest producers and sellers of bottled oil in Ukraine. It is engaged in the cultivation and sale of agricultural products.
