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Half trillion hryvnyas allocated from state budget for security, defence over past four months

This is almost 60% of the total amount of expenditures of the general fund of the state budget. 

Half trillion hryvnyas allocated from state budget for security, defence over past four months
Money (illustrative photo)
Photo: delo.ua

In the first four months of 2024, the expenditures of the general fund of the state budget for the security and defence sector amounted to UAH 554.7 billion, or 58.6% of the total expenditures of the general fund of the state budget.

According to the Ministry of Finance of Ukraine, in April, the amount of expenditures was UAH 146.6 billion.

"Security and defence remains an absolute priority and the largest item of state budget expenditure," the Ministry said.

The Ministry added that the funds were allocated for

  • Salaries for military personnel, rank and file and police officers;
  • purchase of military/specialised equipment, weapons, ammunition, defence products, personal protective equipment (helmets, body armour and other special equipment), fuels and lubricants, food
  • medical care;
  • other types of expenditures to support the activities of the relevant bodies and formations.

"We would like to remind you that the Government finances the expenditures of the security and defence sector exclusively at the expense of its own tax revenues and military bonds," the Ministry said, adding that it is important to support the Armed Forces of Ukraine by paying taxes in good faith and investing in military bonds. 

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