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Parliament approves $14 billion increase in state budget expenditures for defense-related needs

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Ukraine's parliament increased defense expenditures by Hr 537.2 billion ($14.6 billion), Budget Committee Chairman Roksolana Pidlasa reported on March 21. The bill will enter into law once signed by President Volodymyr Zelensky.

According to Pidlasa, 96.5% of the added expenditures will be directed to national security and defense sectors.

Hr 518 billion ($14 billion) will be spent on food and financial support for the military, as well as the purchase of special equipment like drones.

Hr 19 billion ($515 million) will be used to replenish the state budget's reserve fund for unforeseen and urgent measures, Pidlasa said.

The reserve fund includes at least Hr 3 billion ($81 million) in funds that should be used for one-time monetary assistance to families of soldiers killed in combat and Hr 2 billion ($54 million) for the construction of fortifications.

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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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