Ukraine invested 1 trillion hryvnias in security and defense over seven months.
28.08.2024
1525

Journalist
Shostal Oleksandr
28.08.2024
1525

The Ministry of Finance reported that in January-July 2024, 1 trillion UAH was allocated to the security and defense sector, which amounts to 58.1% of all state budget expenditures.
In July, 161.6 billion UAH of this amount was used.
These funds were used for the following needs:
- financial support of soldiers, police officers, etc.;
- purchase of military equipment, weapons, ammunition, protective equipment, and defense products;
- medical support;
- other expenses for organizations and formations related to security.
Security and defense remain the largest expenditure items of the state budget.
Military expenditures are financed by internal revenues and borrowings.
Read also
- The War Split the Russian Economy: Military Production on the Rise, Civil Sectors Declining
- The enemy is trying to break through to the south to the administrative border of three regions
- Russians mass attacked with drones in Pryluky: there are dead and wounded
- Trump bans entry to the USA for citizens of 12 countries
- The new commander of the Drone Forces outlined his first steps in office
- Ukrainians will be able to serve in the Armed Forces after 60: an important decision has been made