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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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The latest estimates appear to be significantly higher than figures published earlier this month by independent Russian media outlets Mediazona and Meduza that estimated 352,000 Russian men between the ages of 18 and 59 have been killed since the start of the full-scale invasion in February 2022.

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The Kyiv Independent’s Martin Fornusek speaks with Kaupo Rosin, director general of Estonia’s Foreign Intelligence Service, about Russia’s long-term strategy against Ukraine and Europe, the risks facing NATO’s eastern flank, and why Moscow still views the United States as its main adversary.

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