Estonia would actively start discussing military defense facilities with Latvia and Lithuania, President Alar Karis said on January 8 after a routine meeting of the National Defense Council. Karis said Russia was testing the will and readiness of Finland and Estonia’s borders, but Estonia had prepared for such attacks. He said the border must be…
The Ministry of Strategic Industries is working to find additional funding for contracting domestic production, the capacity of which already almost doubles the funding for the this year. Minister of Strategic Industries of Ukraine Oleksandr Kamyshin said this during a briefing on “Results of the Ministry of Strategic Industry and Ukroboronprom for 2023”. “As of…
In January-November, the expenditures of the general fund of the state budget for the security and defense sector amounted to UAH 1,559.4 billion, or 59.2% of all general fund expenditures, the Ministry of Finance reported. “Security and defense remains an absolute priority and the largest item of state budget expenditures. Thus, over 11 months, the…
The Zaporizhzhia City Council approved the city budget for 2024, with UAH 200 million for the defense program, Anatoliy Kurtiev, acting mayor of Zaporizhzhia, announced on Facebook. “Next year’s budget is focused on wartime challenges. It provides UAH 200 million for the defense program (including UAH 50 million for drones for the military). About UAH…
The Verkhovna Rada adopted two draft laws that would exempt the import of radar systems for security and defense purposes into Ukraine from VAT and customs duties. This was announced by First Deputy Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy Yaroslav Zhelezniak. The decision was supported by 323 MPs. “The…
National Army received a new batch of equipment from the European Union under the European Peace Facility (EPF). This is the second batch of assistance from the EPF project, approved for 2021, with a total value of 7 million euros. The first installment was received in May. In 2021, the European Union launched the European…
In 2024, Ukraine plans to spend almost UAH 1.7 trillion on the army, defence and security. The entire UAH 1.575 trillion of taxes paid to the budget by Ukrainians and Ukrainian businesses in 2024 will be used for defence. In addition, the Government will raise funds for defence needs through the placement of military bonds,…