• 11/29/2024

57% of state budget expenditures: Ukraine spent US$21.5 billion on security and defence since January

Pravda Ukraine

Between January and June 2024, the general fund of Ukraine’s state budget spent UAH 888.4 billion (about US$21.5 billion) on security and defence.

Source: Ukraine’s Ministry of Finance on Telegram

Details: According to the report, the funds were directed to:

  • financial support for military personnel, privates and commanders, and police;
  • purchase of military/special equipment, weapons, ammunition, means of defence, personal protective equipment (helmets, body armour and other special equipment), fuel and lubricants, food;
  • medical support;
  • other expenses to ensure the activities of the relevant bodies and formations.

According to the press service, UAH 155.6 billion (about US$3.7 billion) was spent from the state budget in June for security and defence.

The Ministry urges citizens to support Ukraine’s Armed Forces by dutifully paying taxes and investing in war bonds.

Background: In June 2024, the Ministry of Finance guaranteed the delivery of UAH 27.2 billion (about US$659 million) in interbudgetary transfers to municipal budgets, accounting for 90.3% of the scheduled appropriations.

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https://www.pravda.com.ua/eng/news/2024/07/23/7467056/