Funds were transferred to pay military personnel and purchase military equipment.
The security and defense sector in January-July 2024 received one trillion hryvnias from the state budget – 58.1% of the total amount of general fund expenses. In particular, last month – UAH 161.6 billion. The Ministry of Finance of Ukraine announced this on its Telegram channel.
In particular, UAH 161.6 billion was used from the state budget for security and defense needs in July.
Funds are transferred for the allowance of military personnel, private and commanding officers, and police officers; procurement of military/special equipment, weapons, ammunition, defense products, personal protective equipment, fuels and lubricants, food; medical support and other expenses to support the activities of relevant bodies and units.
Earlier in July, the Cabinet of Ministers approved changes to the state budget, proposing to increase its spending by UAH 500.3 billion, of which UAH 495.3 billion will be allocated to the needs of the security and defense sector.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.