Ukraine’s defence spending reaches US$42.88 bln since beginning of year
Pravda Ukraine
The Ukrainian state budget’s general fund for the security and defence sector’s spending from January to November 2024 amounted to UAH 1.8 trillion (about US$42.88 billion).
Source: press service of Ministry of Finance of Ukraine
Details: The ministry noted that this is 58.6% of the total amount of spending of the general fund of the state budget.
Of this amount, UAH 206.4 billion (about US$4.92 billion) was used from the state budget in November.
The funds were used for:
- salaries for military personnel, rank-and-file and senior officers, and police officers;
- purchase of military/specialised equipment, weapons, ammunition, defence products, personal protective equipment (helmets, body armour and other special equipment), fuel and lubricants, and food;
- medical supplies;
- other expenses to support the activities of the relevant bodies and formations.
The Ministry of Finance added that security and defence remain the largest item of state budget expenditure.
Background: State budget expenditures for the first 11 months of 2024 amounted to UAH 3,775 billion (about US$89.96 billion), which is more than was envisaged for this year.
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