The government approved the budget report for 2024: 2.97 trillion UAH spent on defense.


The government approved the report on the execution of the State Budget of Ukraine for 2024, prepared by the Ministry of Finance. According to this report, the revenues of the State Budget in 2024 amounted to 3.12 trillion UAH, which is 1.212 trillion UAH more than provided by law. Of this amount, 473.9 billion UAH are grants from international partners. Expenditures amounted to 4.49 trillion UAH, which is 473.5 billion UAH more than in the previous year.
The security and defense sector is a priority for the government, so funding for this sector increased to 2.97 trillion UAH. Social spending was also increased to 579.2 billion UAH, which is 8.4% more than in 2023. Additionally, additional funds were attracted for infrastructure restoration, and the overall deficit of the state budget was executed below the established target.
The Ministry of Finance also conducted a restructuring of state eurobonds, which will contribute to budget stability and the preservation of financial resources for the defense of the country. In total, to ensure funding for the state budget, 638.4 billion UAH was attracted in the domestic market and 1,900.7 trillion UAH in foreign markets.
Read also
- EU seeks ways to save Ukraine amid Trump threats: a discussion about Russian money
- The Ministry of Development named the funding volume for the program of transformation of coal regions
- Business Under Control: The Tax Service Sent More Than a Thousand Warning Letters
- Ukrainian Drones to Be Presented at the Paris Air Show for the First Time
- Demand for gasoline will rise due to the postponement of fines for E-5 - expert
- VAT refunds increased by almost 24% - tax authorities