Ukraine’s budget allocates over $2 billion for arms production in 2024
The 2024 state budget of Ukraine provides $1,2 billion for the production of unmanned aerial vehicles and another $1,2 billion for the production of ammunition and weapons.
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state budget
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Ukrainians rally in multiple cities, demand increased funding for Armed Forces
In Cherkasy, Odesa, and Dnipro, citizens gathered to express their frustration over recent funding for sports and advocated for more substantial support for the military.
Russia plans 68% increase in 2024 military spending, surpassing Ukraine’s defense budget 2.5 times
Ukraine will also increase military spending by 17% in 2024, allocating almost all available money for defense.
Ukraine to boost defense production sevenfold in 2024 budget plan
On 15 September 2023, Ukraine's Cabinet of Ministers submitted to the parliament the draft budget of Ukraine for 2024. The priority is security and defense. In particular, state investments in the defense sector are increasing sevenfold and will likely be approved by the parliament.
Ukraine’s 2020 state budget promises continuation of predecessors’ reforms
General remarks: planned GDP growth, state debt, and the country’s strategy It is worthwhile highlighting some of Prime…