Ukraine may not be able to find an additional ₴500B for defense needs. Even with a proposed radical tax increase, Ukraine may not fully overcome the fiscal gap that must be closed for effective and timely financing of its military needs. Analysts from RRR4U think tanks h... #BudgetDeficit #DefenseSpending #financialaidforUkraine #UkraineBudget2024 #UkraineDefensePurchases
Ukraine needs money for its army, and these are the reasons. The state budget lacks funds to fully finance the Defense Forces of Ukraine due to assumptions about improvement in the security situation, increased spending on the Ministry of Internal Affairs, and ... #DanyloHetmantsev #UkraineBudget2024 #UkraineDefensePurchases #UkraineEconomy #WarinUkraine
Ukraine has a $5B deficit in its budget for weapon purchases, so the government is preparing to raise taxes. Ukraine’s state budget has an approximate $5B shortfall of what is needed to purchase weapons, Minister of Finance Serhiy Marchenko said, because over the past six months, Ukraine has received minimal... #SerhiyMarchenko #TaxesinUkraine #UkraineBudget2024 #UkraineDefensePurchases #WarinUkraine
The confiscation of Russian assets will help Ukraine to finance the war at least until the end of 2028. Despite the support from the US, Ukraine needs a medium-term financing plan to repel Russian aggression, and the main source of this financing must be Russia’s frozen assets. There is a high chance th... #RussianAssets #RussianAssetsConfiscation #UkraineBudget2024 #UkraineDefensePurchases #WarinUkraine
Ukraine has only $6B of budget funds for defense purchases. In 2024, Ukraine has $6B to purchase weapons, particularly from domestic manufacturers, said Oleksandr Kamyshin, Minister of Strategic Industries. As he clarified, the entire defense budget for the cu... #AlexanderKamyshin #DefenseIndustryUkraine #UkraineDefensePurchases #WeaponsforUkraine #WeaponsUkraine
The EC reveals the details of the EU’s defense strategy. Vice President of the European Commission Margrethe Vestager said the new system should allow the EU to move from a crisis response regime to a structural defense readiness regime that closely integra... #DefenseIndustryEU #MargretheVestager #UkraineDefensePurchases #WeaponsProduction
The EU will conduct joint defense purchases and include Ukraine. On Tuesday, MEPs supported a decision to strengthen the European defense industry through general procurement (EDIRPA). The new regulation establishes a temporary instrument that will be valid until D... #EDIRPA #EUdefense #EUparliament #UkraineDefensePurchases
Ukraine’s defense purchases will be made according to NATO standards. As reported by the Ministry of Defense of Ukraine, a single national Defense Procurement Agency will procure weapons and military equipment. Within the limits of the provided funds, the agency will ma... #NATOstandards #OleksiyReznikov #UkraineDefensePurchases #UkraineNATO
