Ukraine defence spending this year nears UAH 1trn
Security and defence is the biggest item in the Ukrainian state budget
Since the start of this year, the Ukrainian state expenditures for defence and security have reached UAH 969.2 billion (USD 26.25 billion), the finance ministry said in a statement on Friday.
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Security and defence is the biggest item in the Ukrainian state budget.
In July alone, budget expenditures on security and defence totalled UAH 150.2 billion, with the funds allocated to:
- Salaries for military personnel, rank and file and police officers
- Purchase of military or specialised equipment, weapons, ammunition, defence products, personal protective equipment, fuel and lubricants, food
- Medical support
- Other types of expenses to support the activities of the relevant bodies and formations.
The Ukrainian finance ministry reminds that every Ukrainian can not only support the Defence Forces, but also increase the savings guaranteed by the state by purchasing military bonds.
Also, payments to the military increased to UAH 77 billion last month.