Ukraine's VAT revenues fall US$1.35bn short of target in first eight months of 2026

Ukraine's domestic and import VAT revenues fell US$1.35 billion short of their target in the first eight months of 2026, with a quarter of that shortfall occurring in August. This shortfall is attributed to Russia's increased war spending and deliberate targeting of Ukraine's revenue-generating sectors, according to Roksolana Pidlasa, chair of the Verkhovna Rada Budget Committee.