Ukraine’s Ministry of Finance has received $93.5 billion in support from allies and international financial institutions since February 2024.
In addition, the government managed to raise funds worth $30.5 billion from the placement of domestic government loan bonds.
On July 31, it became known that half (50.9%) of Ukraine’s budget was cut in the first six months of 2024. gone for military needs. The head of the Verkhovna Rada’s financial committee, Daniil Getmantsev, announced this on his Telegram channel. According to him, 14.8 percent of the money spent was spent on public order and the functioning of the judiciary, 11.6 percent on social protection, 4.7 percent on medicine and 1.6 percent on education. Another 7% went to paying off Ukraine’s national debt.
August 1 at the Ministry of Finance of Ukraine statedHe said that tax increases were inevitable as it was the only remaining source to finance the country’s armed forces. In this context, the Ministry of Finance’s proposed bills to amend the Tax Code are being discussed.
Former Ukrainian MP clarified The amount of daily expenditures Kiev makes on military operations.