Ukrainians financed defense needs by $ 7 billion in 2024

The Ministry of Finance of Ukraine raised over 300 billion hryvnias ($7 bn) through war bonds since the beginning of 2024, reports the Ministry’s press service.

“Every hryvnia from each purchased bond helps the army and supports the country’s financial stability, and then returns to the investor’s account with interest,” the Ministry of Finance reported.

The funds raised through these securities go directly to the state budget, according to the Ministry.

The press service said that purchased war bonds provide financial support to the Armed Forces of Ukraine, supplying military personnel with weapons, ammunition, equipment, food, and medical supplies.

The successful war bond sales represent a crucial domestic funding mechanism for Ukraine’s defense capabilities amid ongoing Russian aggression.

At a time when international aid faces periodic delays and uncertainties, these securities provide a stable channel for Ukrainian citizens and institutions to support military needs directly.

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