By Olena Harmash

KYIV (Reuters) – Ukraine’s government has prepared a draft 2026 budget, aiming for a deficit of 18.4% of gross domestic product and allocating more funds for its defence efforts, Prime Minister Yulia Svyrydenko said on Monday.

The 2026 budget draft envisages 2.8 trillion hryvnias ($67 billion) in revenues and about 4.8 trillion hryvnias in expenditures, she said in a post on the Telegram app.

“Now all of Ukraine must be in the army or for the army. This is reflected in the 2026 state budget,” Svyrydenko said.

“The key budget priority is security and defence, our social resilience.”

Ukraine plans to increase its budget revenues by about 447 billion hryvnias next year, Svyrydenko said, but did not specify any measures.

The bulk of the state revenues would be channelled

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