News Feed
Show More
News Feed

Defense Ministry: $4.8 billion to be allocated for shells, missiles in 2024

2 min read
Defense Ministry: $4.8 billion to be allocated for shells, missiles in 2024
A Ukrainian soldier carries shells to their front line position in the direction of Bakhmut in Donetsk Oblast, Ukraine on July 22, 2023. (Diego Herrera Carcedo/Anadolu Agency via Getty Images)

The Ukrainian government will earmark Hr 175 billion ($4.8 billion) for the purchase of shells and missiles as part of the country's 2024 defense budget, said Deputy Defense Minister Yurii Dzhyhyr on Nov. 24.

Dzhyhyr also said that another Hr 80 billion ($2.2 billion) will go towards the purchase of military equipment.  Another top priority is to repair damaged military equipment, as well as purchase spare parts, he added.

As much as possible, the Ukrainian government will try to make purchases from domestic suppliers.

"According to our estimates, more than Hr 190 billion ($5.2 billion) from the funds that will be contracted next year will remain with domestic producer(s)," Dzhyhyr said.

The delivery of shells from the U.S. has dropped in recent months as the stability of continued aid from Ukraine's largest supplier of military aid increasingly comes into question.

Hopes that Ukraine's European allies may be able to fill in the gaps in shell provisions were also likely proving to be overly optimistic, as Bloomberg reported on Nov. 10 that the EU pledge to deliver one million shells to Ukraine by March 2024 was behind its target.

At the same time, Russia has dramatically increased the size of its military budget for 2024 and has reportedly received over one million shells from North Korea.

Investigation: EU inability to ramp up production behind acute ammunition shortages in Ukraine
Editor’s note: This investigation is a collaboration between the Kyiv Independent and partners, including The Investigative Desk, Lighthouse Reports, and Follow the Money (Netherlands), El Diario (Spain), Delfi (Estonia), and Libération (France). Key findings: * Over a year into Russia’s full-sca…

Avatar
Nate Ostiller

News Editor

Nate Ostiller is a former News Editor at the Kyiv Independent. He works on special projects as a researcher and writer for The Red Line Podcast, covering Eastern Europe and Eurasia, and focused primarily on digital misinformation, memory politics, and ethnic conflict. Nate has a Master’s degree in Russian and Eurasian Studies from the University of Glasgow, and spent two years studying abroad at Kyiv-Mohyla Academy in Ukraine. Originally from the USA, he is currently based in Tbilisi, Georgia.

Read more