The Rada is set to meet to unblock the bill on military funding

Katerina Melnychenko
Katerina Melnychenko Deputy Editor-in-Chief
The Rada is set to meet to unblock the bill on military funding
The main source of funding has been identified as 45 billion euros from the European Union under the Ukraine Support Loan programme.
The Verkhovna Rada will hold a sitting on 18 June to consider the unblocking of Bill No. 15224 on amendments to the 2026 state budget. The bill provides for a significant increase in expenditure on the security and defence sector.

This was announced by David Arakhamia, leader of the ‘Servant of the People’ parliamentary group.

According to Davyd Arakhamia, an extraordinary session of parliament will take place on Thursday, 18 June.

It will be held at the request of Ukraine’s Defence Minister Mykhailo Fedorov.

The aim of the session is to unblock Bill No. 15224, which was previously supported by the Verkhovna Rada.

What the bill provides for

Bill No. 15224 proposes amendments to the 2026 state budget and an increase in funding for the security and defence sector by 1.5 trillion hryvnias.

The main source of funding is set at 45 billion euros from the European Union under the Ukraine Support Loan programme.

Of this amount, 31.8 billion euros are planned to be allocated directly to defence and security needs.

Where the funds will be allocated

The largest share of the additional expenditure — 1.3 trillion hryvnias — is earmarked for the procurement of weapons, military equipment and ammunition, as well as the repair of equipment.

A further 174 billion hryvnias has been earmarked for the pay of military personnel.

A further 14.6 billion hryvnias are planned to be channelled into the security and defence sector’s reserve fund.

What else will be funded

The draft bill also provides for the allocation of 40 billion hryvnias to prepare regions for the winter period.

The funds are to be used to protect critical infrastructure and ensure the operation of boiler houses, combined heat and power plants and backup power sources.

A further 40 billion hryvnias are planned to be transferred to the state budget’s reserve fund.

What is known about the blocking of the bill

According to Arakhamia, the draft law was blocked after its adoption by the Verkhovna Rada.

To move the bill forward, parliament must consider the relevant procedural issues during a separate sitting.

Follow us on Telegram

Share tittle
Economy
Banks may be allowed to retain a 50% income tax rate for another year
Economy

Banks may be allowed to retain a 50% income tax rate for another year

The Parliament’s Tax Committee has recommended the adoption of a bill extending the increased 50% corporate tax rate for banks into 2027.

16.06.2026
The government has set out the priorities for the Budget Declaration for 2027–2029: key points
Economy

The government has set out the priorities for the Budget Declaration for 2027–2029: key points

The government has set out the priorities for the Budget Declaration for 2027–2029. It outlines two possible scenarios: either the war will end or it will continue.

16.06.2026
Tatneft has restricted fuel sales following the shutdown of the company’s largest oil refinery
Economy

Tatneft has restricted fuel sales following the shutdown of the company’s largest oil refinery

Tatneft has imposed restrictions on fuel sales at some of its petrol stations in several regions of Russia. This follows the shutdown of the TANECO oil refinery, which ceased processing crude oil after a drone attack.

16.06.2026
‘The worst fuel crisis in history’. Russia has lost a third of its refining capacity due to attacks on oil refineries
Economy

‘The worst fuel crisis in history’. Russia has lost a third of its refining capacity due to attacks on oil refineries

A series of strikes on Russian oil refineries has led to a sharp decline in oil refining volumes in Russia. Against this backdrop, fuel shortages are being reported in certain regions of the country, alongside rising prices in the fuel market.

16.06.2026
Prices for aviation fuel in Russia have reached a record high
Economy

Prices for aviation fuel in Russia have reached a record high

The price of aviation fuel in Russia has exceeded 110,000 roubles per tonne for the first time. The price rise comes against a backdrop of reduced market supply and fuel supply issues at a number of airports.

16.06.2026