Government allocates additional UAH 10.8B for defense needs

The Cabinet of Ministers is allocating UAH 10.8 billion from the reserve fund for the procurement and production of weapons.

According to Ukrinform, Prime Minister Yulia Svyrydenko announced the decision on Facebook.

“An additional UAH 10.8 billion is being directed to the procurement and production of weapons. The funds were accumulated in the special state budget fund and allocated for defense needs,” the statement said.

According to Svyrydenko, UAH 9 billion will go directly toward purchasing new weapons, repairing, and modernizing equipment. Nearly UAH 2 billion will be invested in the development of Ukraine’s defense industry, including scaling up production and rapidly implementing technologies tested on the battlefield.

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