Pension Fund of Ukraine
The Pension Fund of Ukraine is a Ukrainian state institution that administers mandatory pension insurance and pays out pensions and certain social benefits. It operates as a central executive body with special status, accountable to the Cabinet of Ministers of Ukraine. Its revenue comes mainly from the unified social contribution and transfers from the state budget.
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Ukraine's government submits 2027 draft budget to parliament: defense at 44% of GDP, $52.6 billion external financing required
Ukraine's Cabinet of Ministers approved and submitted the draft State Budget for 2027 to the Verkhovna Rada on September 15, 2026. The bill, registered as No. 16000, allocates 4 trillion 885 billion hryvnias (about 43.8–44% of GDP) to defense and security, projects total expenditures of 7 trillion 272 billion hryvnias, and identifies an external financing requirement of $52.6 billion, of which only $20 billion has been confirmed by partners.