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flag Ukraine passed its 2026 budget with 27.2% of GDP for defense, seeking $45B in foreign funding amid war.

flag Ukraine’s Parliament approved the 2026 state budget on December 3, 2025, allocating nearly 27.2% of GDP to defense amid the ongoing war with Russia. flag The budget, passed with 257 votes, aims to strengthen military capabilities, support social programs, and advance post-war recovery. flag President Zelenskyy called the vote a sign of national resilience and stability, while the government seeks over $45 billion in external financing, including a potential reparations loan from frozen Russian assets and a new IMF program. flag Revenues are projected at $68.9 billion, with spending at $111.8 billion, resulting in an 18.5% GDP deficit. flag The government raised the bank profit tax to 50% and made adjustments to state enterprise funding and local budget allocations. flag Despite opposition concerns over military pay and social spending, the budget’s passage reflects broad, informal political cooperation and underscores Ukraine’s focus on financial sustainability and international support.

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