The Cabinet of Ministers has begun preparing the draft state budget for 2027. The document is to be submitted to the Verkhovna Rada by September 15.

Ukrainian Prime Minister Sergii Koretskyi announced this on Telegram, Ukrinform reports.

"We have begun preparing the draft state budget for 2027. Ministries must prepare proposals on the document's key parameters as soon as possible, by July 31," the statement said.

According to Koretskyi, the draft state budget is to be submitted to the Verkhovna Rada within the statutory deadline, by September 15.

The document must address the key priorities of strengthening defense capabilities, ensuring financial stability, and pursuing a well-considered social policy.

As reported, Koretskyi and Verkhovna Rada Chairman Ruslan Stefanchuk have agreed on specific steps to strengthen coordination between the government and parliament.