The Cabinet of Ministers of Ukraine has approved its 2026-2028 Budget Declaration, setting the stage for a more robust economic trajectory. According to the document, which was officially published on the Cabinet’s website on June 27, 2025, the country is projected to achieve a gross domestic product (GDP) growth of 4.7% in 2026. This is expected to rise to 5.2% in 2027 and further increase to 5.7% by 2028. These growth targets are underpinned by a combination of fiscal reforms, increased public investment, and a stable macroeconomic environment.
The government has outlined several key initiatives to support these projections, including the implementation of structural reforms aimed at improving the business climate, enhancing the efficiency of state-owned enterprises, and promoting foreign direct investment. Additionally, the budget plan emphasizes the importance of stabilizing the Ukrainian hryvnia (UAH) and maintaining macroeconomic stability to attract both domestic and international capital. The Cabinet’s strategic roadmap aims to ensure sustainable economic development while addressing pressing social and infrastructure challenges.
Analysts have noted that these growth projections are optimistic, particularly in the context of ongoing geopolitical tensions and economic sanctions. However, the Cabinet has expressed confidence in its ability to navigate these challenges and achieve the outlined economic targets. The Budget Declaration serves as a comprehensive roadmap for Ukraine’s economic future, reflecting a commitment to long-term stability and growth.