In the Verkhovna Rada registered a new urgent draft law, which provides for an increase in defense expenditures in the state budget of Ukraine for 2025 in the amount of 412.4 billion hryvnias. The initiators of the document were the Chairman of the Parliament Ruslan Stefanchuk and his deputies and the head of the Budget Committee Roksolana Pidlas.
The proposed changes include an increase in financing of the general fund by 401.6 billion hryvnias. In particular, the main sums are provided for the Ministry of Defense together with the State Special Transport Service (310.8 billion hryvnias), the system of the Ministry of Internal Affairs, in particular the State Border Service, the National Police and the National Guard (84.1 billion hryvnias), the Security Service of Ukraine (1.6 billion hryvnias), the Main Intelligence Directorate of the Ministry of Defense (4.5 billion hryvnias), the State Special Communications Administration (64.5 million hryvnias) and the State Security Administration (505 million hryvnias).
The new draft law will most likely replace the previous, similar document, which was already approved in the first reading. To finance additional costs, it is proposed to increase state budget revenues by 147.5 billion hryvnias and attract another 250 billion hryvnias through debt operations. We are talking about an increase in the volume of domestic borrowing by 184.9 billion hryvnias with a parallel decrease in payments for the repayment of the state debt by 65.1 billion hryvnias.
A separate norm provides for the establishment of a new maximum base for calculating the single social contribution from August 1 to December 31, 2025 — 15 minimum salaries instead of 20. This actually means a reduction in the tax burden for people with incomes over 120,000 hryvnias.
The revision of projected budget revenues is due to the updated macroeconomic calculations of the Ministry of Economy for 2025. In particular, we are talking about the growth of the average monthly salary and profitability of enterprises, which allows us to expect a significant increase in revenues from the main tax sources.
Personal income tax should increase by 56 billion hryvnias, of which 46 billion go to the general fund. Income from corporate income tax is forecast at the level of 23.8 billion hryvnias. The excise tax on imported tobacco products should add another 8.8 billion hryvnias.
The state budget should also receive 15 billion hryvnias in the form of part of the profits and dividends of state-owned enterprises, 20.3 billion hryvnias from the National Bank of Ukraine, and another 23.6 billion hryvnias from other sources. Among the latter are fines, fees for pension insurance from certain types of activities, receipts of the Deposit Guarantee Fund of individuals as reimbursement of creditor claims to insolvent banks.
