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Government approves draft budget for 2023, 50% of expenditures on defense, security

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Prime Minister Denys Shmyhal said that the draft budget's expenditures on security and defense are four times bigger compared to the previous year, amounting to Hr 1.136 trillion ($30.7 billion). The deficit is set at over $3 billion per month. The draft budget is yet to be approved by the Ukrainian parliament.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Russia confirmed that it had handed over 1,000 bodies to Ukraine under the Istanbul agreement in exchange for 38 bodies of fallen Russian soldiers, Kremlin-controlled news agency TASS reported on Jan. 29.

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