Ukraine’s President Volodymyr Zelenskyy enacted the decision of the National Security and Defense Council of Ukraine to allocate at least 21% of GDP from the budget of Ukraine for defense in 2024.
According to the decree, funding for the needs of the security and defense sector is expected to be at least 1.69 trillion Ukrainian hryvnias (around 43 billion euros).
Military analysis: Mud season could aid Ukraine’s offensive on southern front
On 15 September, the Ukrainian government approved the draft state budget for 2024, which was supposed to allocate almost 1.7 trillion hryvnias for the national defense of Ukraine. This is 113 billion hryvnias more than was included in the 2023 state budget of Ukraine.
Related:
- Ukraine rolls out secure radio to counter Russian electronic warfare
- More tanks, anti-aircraft units in Germany’s EUR 1 billion aid package for Ukraine
- ISW: Ukrainian forces gain amid worsening weather
- General Staff: Ukrainian troops destroy Russian Su-25 fighter jet
- Zelenskyy gets Romania’s support for F-16 training initiative