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Zelensky signs law to increase defense, security spending by Hr 387 billion ($10.5 billion) in 2022.

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Most of the additional funds, Hr 365 billion, will be allocated to the Defense Ministry. The implementation of the law “will make it possible to carry out urgent tasks in the field of national security and defense, and measures to repel the Russian aggression against Ukraine,” the statement reads. The initial budget for 2022 set defense and security spending at 322.7 billion ($8.8 billion).

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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 failed to break Ukraine’s army on the battlefield, and now it’s trying to do it through a peace plan that would cap Ukraine’s forces at 600,000. Some argue that Ukraine would shrink its army — currently estimated at about 800,000 — after the war anyway.

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