Ukraine allocated more than half of its budget to military expenditures in 2023

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The Ukrainian Ministry of Finance reported that spending on military needs in the last nine months exceeded $34 billion and constituted almost 60% of the country’s budget expenditures. This is stated on the ministry’s Telegram channel.

“In the first nine months of this year, expenditures of the general fund of the state budget on the security and defense sector amounted to 1255.4 billion hryvnias (more than $ 34.3 billion) or 59.3% of the total amount of expenditures of the general fund. from the state budget,” the ministry stated.

It was announced that the funds were used for providing allowances to military and police officers, purchasing equipment and weapons, as well as medical support.

The other day, the Verkhovna Rada of Ukraine accepted The country’s 2024 draft budget is in the first reading stage. In the next stage, the government will work on the document, taking into account the conclusions and recommendations. The final vote on the draft Ukrainian budget must take place before November 20.

Previously in the USA statedHe said Western states had reached the “peak” of their ability to provide aid to Ukraine.

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