Ukraine parliament passes 2027 budget with defense at two-thirds of spending

Ukraine's parliament approved the 2027 state budget in first reading, allocating roughly two-thirds of planned expenditure to security and defense, with a projected deficit of nearly Hr 1.7 trillion ($37 billion). The budget underscores the fiscal strain of sustaining the war effort while balancing economic stability and social commitments. The final adoption remains pending, and the deficit's financing sources are not yet fully specified.

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