NBU raises projected 2027 budget transfer to UAH 70 billion
Published · Updated
What happened
NBU Governor Andrii Pyshnyi announced that the central bank revised its forecast for its 2027 transfer to the state budget upward by UAH 21 billion, to UAH 70 billion, and said the Ministry of Economy had been informed.
Why it matters
A higher projected central-bank transfer gives the government more room in its draft fiscal plan and can alter assumptions around domestic financing, spending allocations, and financing needs presented to lenders and donors. Because the statement followed the first-reading budget vote, it may feed directly into negotiations before the next budget drafting stage.
NBU Governor Andrii Pyshnyi said on October 29 that the National Bank had raised its projected 2027 transfer to the state budget to UAH 70 billion from UAH 49 billion and had informed the Ministry of Economy. The statement came just after parliament approved the 2027 budget in first reading. The revision changes the near-term fiscal baseline available to the government as it prepares the budget for second reading and discusses financing assumptions with external partners.
Watch for
Cabinet of Ministers or Ministry of Finance publication of revised 2027 budget tables incorporating a UAH 70 billion NBU transfer by 2026-11-02 Verkhovna Rada Budget Committee agenda or materials on 2027 budget amendments released by 2026-11-02 National Bank of Ukraine publication or briefing note by 2026-11-02 confirming the assumptions behind the revised transfer forecast Ministry of Economy acknowledgement by 2026-11-02 that it received the NBU update and whether it changed macro-fiscal calculations
Sources
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