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Ukraine's parliament votes to adopt 2026 budget
The budget foresees Hr 4.8 trillion ($115 billion) in expenditures and Hr 2.9 trillion ($70 billion) in revenues — meaning a deficit of 18.5% of GDP, according to Kyiv-based think tank Center for Economic Strategy (CES).
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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.
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Hello, this is Chris York, reporting from Kyiv on day 1,378 of Russia’s full-scale invasion of Ukraine. While the international focus remains on Trump's peace deal negotiations in Moscow, our focus in this blog is on updates from the front: Our top story so far: Drones launched by Ukraine's military intelligence struck Russian air defense systems in occupied Donbas, the agency claimed on Dec. 2, knocking out a launcher from a S-300 SAM system, and two 1L125 Niobium-SV radar stations. "Such s
