Copyright © 2021 Euromaidanpress.com

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

Reznikov: One day of war costs Ukraine 100 million dollars

Oleksii Reznikov, Defense Minister of Ukraine
Oleksii Reznikov, Defense Minister of Ukraine
Reznikov: One day of war costs Ukraine 100 million dollars

Ukraine spends $100 million daily to finance Ukraine’s Armed Forces and repel the ongoing full-scale Russian invasion, Ukraine’s Defense Minister Oleksii Reznikov said in an interview with Ukrinform.

Most of this budget comprises state funds, Oleksii Reznikov said.

The Defense Minister was asked why there are so few drones at the front and why they are bought with funds donated by volunteers, not with budget funds.

“I can tell you that supplies from volunteers from 24 February 2022 to the present day are 3% of everything sent to the war. A day of war costs us 100 million dollars. In fact, this is done by Ukrainian citizens who work and pay taxes,” Reznikov said.

Reznikov said that 30 models of new Ukrainian drones of various types have been officially approved for operation: reconnaissance, attack, kamikaze, FPV drones, etc. According to Reznikov, during the ongoing Russian invasion, the Ministry of Defense of Ukraine has supplied the Ukrainian army with about 300 modern NATO equipment and weapons.

According to the Defense Minister, the Ukrainian Army is the largest consumer of funds today. He stressed the importance of paying taxes even during the war because Ukraine also needs funds to maintain the country as a whole: for the infrastructure, reconstruction, and support of the socially vulnerable categories of citizens.

“We need to work and pay taxes. Business needs to be active and support entrepreneurs,” Reznikov said.

Oleksii Reznikov also emphasized that the trust of partners who provide Ukraine with weapons and equipment is crucial for the Ukrainian government. That is why the Defense Ministry has launched the LOGFAS system, a NATO system of control, accounting and reporting, and transparency. Reznikov said that Ukraine is constantly checked by partners, and there are no problems with reporting and transparency.

On 3 September, in his daily address to Ukrainians, President Volodymyr Zelenskyy announced his decision to replace Defense Minister Oleksii Reznikov. According to Zelenskyy, Rustem Umerov, the current head of the State Property Fund of Ukraine, will become the next Defense Minister of Ukraine.

Related:

You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!

To suggest a correction or clarification, write to us here

You can also highlight the text and press Ctrl + Enter

Please leave your suggestions or corrections here


    Related Posts