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The year 2025 marks a turning point in global military budgets. Russia plans to cut its defense budget for the first time since initiating the full-scale invasion of Ukraine, indicating economic strain. Conversely, Ukraine's budget for its Armed Forces has seen a significant increase as the Verkhovna Rada approved an additional UAH 412 billion for defense. The Netherlands joins the trend by raising its defense budget to meet NATO's 2026 targets, allocating a portion to aid Ukraine. Meanwhile, the European Commission proposed over 80 billion euros from the new 2028 EU budget to support Ukraine. These changes underscore a reallocation of resources in response to mounting geopolitical pressures and commitments to international security alliances.

Why is Russia reducing its military budget for the first time since the invasion?

Faced with escalating economic pressures, Russia's military spending cut reflects strained financial resources. This decision marks a significant shift since the invasion of Ukraine, suggesting possible limits in sustaining prolonged defense expenditures. The Kremlin re-evaluates its financial commitments amidst ongoing global scrutiny and economic sanctions.

What are the financial implications for Ukraine with its increased defense budget?

Ukraine's defense budget hike, with over UAH 412 billion allocated, underscores its prioritization of military strengthening. This aims to boost its armed capabilities and security resilience, ensuring preparedness against current threats while signaling to international allies its serious commitment to self-reliance in defense.

How does Netherlands' increased defense spending reflect its global security commitments?

By raising defense spending to NATO-aligned targets, the Netherlands strengthens its military capabilities and affirms its commitment to both collective security responsibilities and international support, particularly aiding Ukraine. This strategic financial decision emphasizes its proactive role within global security frameworks.

What role does the European Union play in financially supporting Ukraine through its budget?

The European Union, through its proposed budget allocation exceeding 80 billion euros from 2028-2034, plays a pivotal role in bolstering Ukraine's reform and recovery efforts. This financial backing highlights the EU's commitment to supporting Ukraine's integration within Europe and reinforces its position in maintaining regional stability.

What are the broader implications of these budget changes on global military dynamics?

The shifts in defense budgets across nations like Russia, Ukraine, and the Netherlands indicate evolving military strategies driven by geopolitical tensions. These financial decisions impact global military dynamics, reflecting realignments in defense priorities and partnerships, emphasizing the interconnected nature of international security concerns.

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трамп Trump signed Consolidated Appropriations Act allotting $560M to Ukraine U.S. President Donald Trump signed into law H.R. 244, the Consolidated Appropriations Act, 2017, which authorizes appropriations that fund the operation of the Federal Government through September 30, 2017. 13 517 94 Previously in trend: Aid to Ukraine

конгресс Ukraine to receive $560M of US assistance in 2017 The U.S. Congress approved the 2017 consolidated appropriations act allotting at least $560 million of assistance to Ukraine. 28 290 202 Previously in trend: Aid to Ukraine

Ukraine can not delay retirement age increase, - IMF Ukraine can no longer postpone a comprehensive pension reform, including raising the retirement age. 102 495 330 Ukrainian Politics

гпу PGO conducts searches in Kryvyi Rih city council, checks possible involvement of Mayor Vilkul in state funds embezzlement, - Lutsenko The searches are being conducted in the Kryvyi Rih city council, at residences and business offices of directors and founders of companies involved in embezzlement of 200 million hryvnia ($7.4 million) allocated from the state budget in 2016. 19 809 83 Ukrainian Politics

US president seeks to increase country's military spending by $54 bn U.S. President Donald Trump is going to propose boosting military spending by $54 billion and reducing spending by the same amount across much of the rest of the government. 14 290 144 Previously in trend: President Trump

бюджет госбюджет State Budget 2017 bill published in Holos Ukrainy governmental newspaper The official newspaper of the Verkhovna Rada of Ukraine, Holos Ukrainy, has published the law "On state budget" for 2017. 60 173 40 Previously in trend: Budget 2017

бюджет госбюджет Poroshenko signs law on 2017 state budget President Petro Poroshenko has signed the Law of Ukraine on 2017 State Budget. 16 169 87 Previously in trend: Budget 2017

турчинов Turchynov hopes Ukraine’s record-breaking defense budget-2017 is backed by 'real money' National Security and Defense Council Secretary Oleksandr Turchynov says all the funds envisaged for the country’s defense and security must be real, while the resources designated for financing many defense programs must be filled up. 13 118 54 Previously in trend: Budget 2017

аваков Interior Ministry's budget for 2017 is that of progress and development, - Avakov The budget of the Interior Ministry of Ukraine for 2017 is satisfactory. 19 233 102 Previously in trend: Budget 2017

обама Obama authorizes USD 350M in security assistance to Ukraine U.S. President Barack Obama has signed into law the National Defense Authorizations Act, increasing security assistance to Ukraine up to $350,000,000. 46 579 430 Ukrainian Politics

Speaker Parubii signs law on budget-2017 Verkhovna Rada Speaker Andrii Parubii has signed the law “On state budget of Ukraine for 2017.” 5 279 45 Previously in trend: Budget 2017

минобороны MoD unlikely to exhaust funds allocated for army maintenance in 2016, - journalist As of Dec. 20, the Ministry of Defense had not spent 4 billion hryvnia ($146.990 million) out of 22.2 billion hryvnia ($815.795 million) allocated for the army's logistics and support needs. 15 905 46 Ukrainian Politics

рада Rada's "budget night": Lawmakers doze, debate, play and take pictures. PHOTOS Of all the MPs attending yesterday's parliamentary session to vote for the 2017 State Budget, those from Opposition Bloc and Batkivshchyna cast zero votes in favor of the bill. Moreover, not all of them took part in the debate. 51 514 38 Previously in trend: Budget 2017

бюджет госбюджет Rada adopts state budget 2017 bill. VIDEO Ukrainian lawmakers have passed in the second reading and as a whole the country's main financial document for 2017. 100 482 361 Previously in trend: Budget 2017

Rada adopts amendments to Budget Code The Verkhovna Rada of Ukraine supported in the second reading and as a whole as amended the bill No. 5131 "On Amendments to the Budget Code of Ukraine (in terms of improvement in budget formulation and execution)." 25 826 43 Ukrainian Politics

Ukraine likely to receive IMF's fourth tranche in 2017 The National Bank of Ukraine expects Ukraine to get the fourth loan disbursement from the International Monetary Fund in 2017. 2 988 50 Ukrainian Politics

тимошенко "Batkivshchyna will prevent adoption of budget by all means," - Tymoshenko The Batkivshchyna parliamentary faction will not vote for the 2017 state budget. 72 307 851 Previously in trend: Budget 2017

рада Rada votes down special forfeiture bill, again The Verkhovna Rada of Ukraine has failed to pass the bill on amendments to certain legislative acts of Ukraine, allowing the seizure of illegal assets and funds in favor of state. 18 109 138 Ukrainian Politics

EU and NATO: Defense spending increase best response to Trump, - Reuters Boosting defense spending by EU and NATO member countries is one of the best solutions to problems that might arose in Europe's defense sector upon Donald Trump's taking of U.S. presidential office. 6 316 12 World

деньги зарплата Minimum wage, subsistence level increased in Ukraine today The minimum wage and subsistence level for able-bodied persons went up by 150 hryvnia or 10.3 percent, up to 1,600 hryvnia (about $60) on Dec. 1. 135 080 243 Previously in trend: Budget 2013

гройсман State budget-2017 ready for second reading, sent to parliament, - Hroisman Ukrainian Prime Minister Volodymyr Hroisman says he understands "how difficult it is for people to live today" and promises to build a high-quality mechanism of social compensation. 8 192 59 Previously in trend: Budget 2017

Local budgets increased by 34B hryvnia: 50 percent more than in 2015, - Hroisman This year's local budgets have already increased by more than 50 percent or 34 billion hryvnia ($1.3) compared to last year. 3 961 37 Previously in trend: Amendments to Constitution Hroisman's Cabinet

гройсман Boosting MPs' salaries out of question, PM Hroisman says The Cabinet of Ministers is not going to put amendments to the draft budget-2017 that are intended to increase the salaries of the deputies. 60 380 307 Previously in trend: Budget 2017

бюджет Rada adopts draft law on state budget-2017 at first reading Draft law No. 5000 on the state budget of Ukraine for 2017 has passed the first reading in Ukraine's parliament. 8 122 70 Previously in trend: Budget 2017

Rada plans to consider draft state budget-2017 in first reading Oct. 20 The Verkhovna Rada of Ukraine intends to review the draft state budget for 2017 in its first reading at the plenary session on Oct. 20. 1 982 4 Previously in trend: Budget 2017

“Fight against smuggling at customs already yields dividends: Ukraine’s budget now receives funds once lining someone’s pockets,” - Hroisman The fight against smuggling and restoration of order at the customs offices is already yielding dividends. 6 117 24 Previously in trend: Fighting corruption in Ukraine

NSDC supports allocation of additional 6.9 billion hryvnia for Army and law enforcement agencies in 2016 At Wednesday’s meeting, the National Security and Defense Council of Ukraine (NSDC) upheld the decision of the Cabinet of Ministers to amend the “Law on the State Budget of Ukraine for 2016" in order to increase funding of the Defense Ministry, Security Service of Ukraine, Defense Ministry’s Main Intelligence Directorate, the National Police, the State Border Guard Service and other security agencies. 5 463 67 Economics

гройсман Bill on increase of funding for Army and law enforcement agencies to be submitted to Rada next week, PM Hroisman says The Cabinet of Ministers of Ukraine intends to submit to the Verkhovna Rada next week a bill on amendments to the state budget for 2016 to increase funding for the law enforcement agencies. 10 166 71 Previously in trend: Budget 2017

Ukraine’s budget to obtain funds from sold “Kurchenko’s oil" before end of the year, prosecutor general says Prosecutor General of Ukraine Yurii Lutsenko expects income from the sale of the so-called “Kurchenko’s oil” to be returned to the state budget by the end of 2016. The petroleum products were seized from fugitive Ukrainian businessman Serhii Kurchenko, a henchman to ex-President of Ukraine Viktor Yanukovych. 4 588 7 Previously in trend: Kurchenko’s shadow empire

бюджет госбюджет State budget-2017 bill made public on Rada website Text of the state budget bill of Ukraine for 2017 has been published on the Verkhovna Rada website. 24 760 41 Previously in trend: Budget 2017

PM Hroisman presents draft budget-2017, expects 3 percent shortfall Prime Minister of Ukraine Volodymyr Hroisman presented draft state budget for 2017 to the Cabinet of Ministers tonight. 12 289 70 Previously in trend: Budget 2017

Defense Ministry budget to increase by 4.8 billion hryvnia this year, amount to 68 billion hryvnia in 2017, - MP Pashynskyi The unanimous decision to increase the budget of the Defense Ministry for 2016 by 4.8 billion hryvnia (about $184 million) was taken at today’s joint meeting of the National Security and Defense Committee of the Verkhovna Rada of Ukraine and the General Staff of the Armed Forces and the Ministry of Defense of Ukraine. 4 893 21 Ukrainian Politics

Budget bill to be submitted to Rada Sept. 15, - PM Hroisman Ukrainian government intends to submit budget bill for 2017 to the Verkhovna Rada on Thursday, Sept. 15. 2 668 9 Previously in trend: Budget 2017

снбо 2017 defense budget to exceed 129B hryvnia, - NSDC The National Security and Defense Council of Ukraine considered the 2017 defense budget at a meeting on Tuesday. 11 531 56 Ukrainian Politics

2016-2018 must become years of road construction, Poroshenko says President of Ukraine Petro Poroshenko called road construction a priority of budget funding as he addressed the NSDC members. 7 919 71 Ukrainian Politics

Poroshenko: 5 percent of GDP in state budget-2017 must be allocated for defense President of Ukraine Petro Poroshenko underscores the importance of the security and defense sector in 2017. 4 868 58 Previously in trend: Budget 2017

гройсман Cabinet to introduce 2017 draft budget to parliament this week, - Hroisman Ukraine's Cabinet of Minister will submit the 2017 draft budget to the Verkhovna Rada this week. 4 151 32 Ukrainian Politics

Kyiv ready to spend 1.2 billion hryvnia on Eurovision-2017, - Ukraine’s Culture Minister Kyiv authorities intend to spend 1.2 billion hryvnia (about $46,154,000) on Eurovision Song Contest 2017. 5 528 42 Kyiv News

Cabinet to submit "honest" budget draft to Rada in September, - PM Hroisman The Cabinet of Ministers of Ukraine intends to submit an 'honest' bill "On the state budget of Ukraine for 2017" with real income and transparent expenses in September. 3 396 60 Ukrainian Politics

порошенко Poroshenko urges MPs to adopt bill on special confiscation to fund defense order Adoption of the bill on special confiscation is vital for funding state defense order. 28 154 123 Ukrainian Politics

гройсман Hroisman talks of Ukraine's first absolutely honest budget, names priorities Ukraine's 2017 state budget will have the following priorities: defense, energy efficiency and roads, agricultural sector and machine building, the preservation of financial decentralization. 35 401 309 Ukrainian Politics

минфин данилюк "This is the first budget based on revenues and possibilities instead of expenditures and wishes," - Ukraine’s Finance Ministry consults with public on state budget draft for 2017. PHOTO The Ministry of Finance of Ukraine is set to draw the state budget for 2017 taking into account experts’ opinions. 12 346 77 Previously in trend: Budget 2013

Russia informs UN on sharp increase in country’s military spending According to data provided by the Russian Federation to the UN, Russia’s military spending increased by 48 percent in 2015 compared with the previous year. The country’s total defense expenditure skyrocketed from 1.9 trillion (about $28,832,500,000) to 2.9 trillion rubles (about $44,007,500,000) in 2015. 45 000 202 Economics

2017 budget to include at least 45B hryvnia in utility subsidies, - Deputy PM Rozenko The 2017 State Budget of Ukraine will provide for at least 45 billion hryvnia (approx. $1.8 billion) in public subsidies to help low-income households pay for utility services. 6 313 79 Previously in trend: Rates for housing services and utilities

NSDC starts drafting defense budget-2017 NSDC Secretary Oleksandr Turchynov chaired the meeting on drafting the defense budget for 2017 with participation of top security chiefs, as well as economy and finance ministers. 5 446 9 Ukrainian Politics

Additional 160 billion hryvnia required to keep utility rates at present level, Social Policy Minister says An additional 160 billion hryvnia (about $6.4 billion) would be required from the state budget to keep the rates of utility services at the current level. 11 260 119 Previously in trend: Hroisman's Cabinet

Income to prevail over expenses in next year's budget, - Minister Danyliuk Finance Minister Oleksandr Danyliuk said that the state budget for next year will be as realistic as possible, and that state income in 2017 will exceed the expenses. 7 693 61 Ukrainian Politics

гривня Cabinet forecasts hryvnia exchange rate for three years Cabinet of Ministers of Ukraine forecasts average exchange rate for hryvnia at 27.2 UAH/USD for 2017, and at 27.8-28.1 UAH/USD for 2018-2019. 101 557 156 Economics