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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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Defense budget for 2016 set at 5 percent of GDP, - President Poroshenko signs NSDC resolution President of Ukraine Petro Poroshenko has signed a decree on resolution of the National Security and Defense Council of Ukraine "On the bill of Ukraine "On State Budget of Ukraine for 2016" in articles related to the national security and defense of Ukraine." 4 111 18 Ukrainian Politics

мвф imf Allocation of third tranche of IMF loan to Ukraine depends on passing of budget and tax laws The Board of Governors of the key Ukraine’s debt holder, the International Monetary Fund, has not yet scheduled the date of meeting on Ukraine - Washington anticipates the adoption of the Ukrainian budget and amendments of tax legislation. 9 392 29 Economics

Finance Ministry unveils 2016 budget with 598.21 billion hryvnia income, 673.96 billion expenditure, and 83.69 billion gap Ministry of Finance published the draft law on the state budget for 2016. 22 620 146 Ukrainian Politics

обама Obama signed US defense bill provisioning $300 mln in aid to Ukraine U.S. President Barack Obama signed the country's defense bill after Congress passed it by an overwhelming margin. 24 226 215 Ukrainian Politics

снбо nsdc NSDC proposes to approve defense budget for 2016 in the amount of 5% GDP The security and defense sector budget for 2016 was considered during the session of National Security and Defense Council of Ukraine on Wednesday, Nov. 11. 8 639 77 Economics

Turchynov expects NSDC to approve defense budget for 2016 in the amount of 5% of GDP Secretary of the National Security and Defense Council Oleksandr Turchynov expects the defense ministry budget for 2016 equal to 5 percent of the country’s gross domestic product to be approved at a meeting on Wednesday. 2 770 11 Ukrainian Politics

сша US Senate adopts defense budget providing for lethal arms supply to Ukraine The U.S. Senate has approved a revised draft budget for defense needs, which provides, inter alia, for the allocation of $300 mln in military assistance to Ukraine. 41 549 162 World

пентагон $300 mln in military aid for Ukraine included in new Pentagon budget The updated bill of the House of Representatives on defense budget for 2016 still includes a military aid for Ukraine in the amount of $300 mln. 7 220 77 World

G7 Ambassadors make joint statement on Ukraine’s tax system reform The Group of Seven countries' Ambassadors in Kyiv welcomed ongoing discussions on how to improve Ukraine’s tax system and its administration. 21 590 30 Economics

Ministry of Finance to launch portal with information on state budget expenditures, - Minister Jaresko The Ministry of Finance has presented an official portal with free access to information about transactions on the Single Treasury Account. 3 319 22 Economics

State budget-2016 draft law to be introduced in Parliament shortly, - Minister Jaresko A draft law on state budget-2016 will be introduced in Parliament one of these days. 2 350 13 Economics

яресько Ukraine's Finance Minister announces state budget over-execution by almost 25 billion hryvnia Ukraine's budget revenue has exceeded the projected volume by 24.6 billion hryvnia (about $1.069 billion) over the last eight months of this year. 16 404 144 Economics

тимошенко гривня 8,000 UAH of corrupt money returned to Ukraine's budget in 2015 As of July 1, the state budget received 7,865 UAH (about $356) of funds obtained through corruption. 84 136 425 Society

State budget received UAH 4.1 billion of war tax in 2015 In June this year, taxpayers paid UAH 796.6 million into the state budget. 6 169 71 Economics

Yatseniuk promises Saakashvili excess customs revenue for development of Odesa region Prime Minister Arsenii Yatseniuk proposed an experiment - to divide excess revenue of the Odessa regional customs equally between the state budget and the budget of the Odesa region. 15 091 56 Previously in trend: Odesa Governor Saakashvili

Yatseniuk ready to index wages and pensions of Ukrainians: "I, myself, am interested in it" Prime Minister of Ukraine Arsenii Yatseniuk says he is not against indexation of Ukrainians' income to take place before December 2015. 31 342 177 Ukrainian Politics

конгресс congress U.S. House of Representatives approves allocation of $200 million of military aid for Ukraine The House appproved ammendments to the defense budget which envisage that the United States will provide rations and weapons to Ukraine for countering militants. 21 492 194 Economics

порошенко Ukraine significantly increases defense spending in order to preserve its independence - Poroshenko The president announced that Ukraine significantly increased budget financing of its defense sector in current year. 11 764 130 Ukrainian Politics

Defense Ministry lacks 677 million hryvnia for food for military personnel The personnel of the armed forces are lacking 677 million hryvnia for food supplies. 28 075 325 Previously in trend: Budget 2013

нефть oil Russian budget to lose $135 billion at the price of oil at $55 - OPEC According to the Organization of Petroleum Exporting Countries, if the oil price stays at the current $55 per barrel for a year, Russia will earn around $135 billion less. 47 240 410 Economics

zwty.r Cabinet must complete three tasks before 2016 - Yatseniuk Prime Minister Yatseniuk believes that the Cabinet of Ministers must ensure completion of fiscal decentralization until the end of 2015. 57 637 328 Ukrainian Politics

Verkhovna Rada to hold an extraordinary meeting on Mar. 2 – Speakers’ press secretary Board of coalition of the Verkhovna Rada factions decided to hold an extraordinary meeting to consider changes in the state budget for 2015 on Monday, Mar. 2 in reply to Verkhovna Rada Chairman Volodymyr Hroisman’s proposal. 5 738 59 Previously in trend: Budget 2013 New Rada

Rada may hold extraordinary session Sunday to amend state budget-2015 - Siumar Verkhovna Rada deputy Victoria Siumar (the People’s Front faction) believes that an extraordinary session of the parliament to consider amendments in the state budget for 2015 may be held Mar. 1. 9 656 77 Previously in trend: Budget 2013

Hroisman holds meeting of the Board of coalition and members of the government to discuss changes in the state budget-2015 The meeting of the Board of coalition factions is held in the Verkhovna Rada of Ukraine. The participants are discussing the adoption of amendments to the state budget and pension legislation. 9 969 61 Previously in trend: Budget 2013

Ministry of Finance of the Russian Federation expects decline in budget revenues to 2.6 trillion rubles in 2015: Reserve Fund facilities may be insufficient The Ministry of Finance of the Russian Federation was authorized to spend up to 500 billion from the Reserve Fund, if necessary, but it may be not enough. 23 277 119 Previously in trend: Sanctions against Russia

газ Cabinet to increase gas rates for population to market level in 2015: 20 million of Ukrainians will receive grants-in-aid Prime Minister Yatseniuk announced plans to raise gas prices for citizens to the market level not in 2017, as expected earlier, but yet in 2015. 191 225 661 Previously in trend: Budget 2013

рада депутаты сон спят MPs fell asleep in the Parliament on Sunday. PHOTOS The members of the Ukrainian parliament fell asleep during the Sunday's session of the Verkhovna Rada of Ukraine. 115 779 202 Previously in trend: Budget 2013

вр заседание Verkhovna Rada adopted the state budget of Ukraine for 2015 The Verkhovna Rada of Ukraine deputies supported as a whole the bill #1000 "On the State Budget of Ukraine for 2015". 107 273 231 Previously in trend: Budget 2013

бюджет госбюджет If Ukraine does not approve the budget, the IMF mission will not come at all – Herashchenko If the state budget for 2015 is not approved in the next few days, the IMF mission might postpone its visit to Ukraine for an indefinite period. 24 684 202 Previously in trend: Budget 2013

Poroshenko demanded Parliament and Cabinet to adopt the budget The President of Ukraine, the Chairman of Verkhovna Rada and the Prime Minister held a meeting with faction leaders of the coalition. 9 989 139 Previously in trend: Budget 2013

Russian budget deficit will reach 2 trillion rubles next year - Minister of Economic Development The Russian Federation federal budget deficit could reach 2 trillion rubles in 2015 at oil price of $60 per barrel. 26 168 393 Economics

Rada to vote for budget on Dec. 30 The Parliament of Ukraine put the package of the Cabinet's budget bills in the agenda. 6 105 66 Previously in trend: Budget 2013

яценюк яресько Average rate of 17 hryvnia per dollar was taken as basis of state budget for 2015 - Yatseniuk Ukrainian Prime Minister Yatseniuk said that the draft state budget for 2015 is based on the rate of 17 hryvnia per dollar. 23 207 113 Previously in trend: Budget 2013

пр вр Parliament refuses to vote for the Cabinet's drafts Tuesday "Samopomich" faction deputies are discontent with the fact that they received Budget and Tax Code texts only at 6 a.m. in the morning of Tuesday. 45 895 70 Previously in trend: Budget 2013

Most of international monetary aid will be forwarded for Yanukovych's regime debts repayment - Yatseniuk Most of the international financial assistance will cover debts on loans of the previous government. 12 406 133 Previously in trend: Budget 2013

яценюк Cabinet drafts state budget-2015 with U.S. dollar at 17 hryvnia - Yatseniuk The Cabinet of Ministers compiled the draft state budget for 2015 with the rate of 17 hryvnia per dollar. 44 259 278 Ukrainian Politics

турчинов Funds from Separatism Supporters’ Property Confiscation Is Comparable to IMF Loan, They Need to Be Raise to Budget - Turchynov People’s Front leader noted during the speech in the parliament that the judicial bodies should eventually start passing judgment on Yanukovych and his associates. 33 719 107 Ukrainian Politics

Russia Adopted Budget 2015 With Oil Price $96 Per Barrel and Dollar at 37 Rubles Russian State Duma on Friday in the third and final reading passed the budget 2015 and the planning period for 2016-2017. 74 749 335 Economics

Kyiv is on the Verge of Bankruptcy - Klitschko The Ukraine's capital budget deficit is about 2 billion hryvnias, but the government keeps Kyiv on the verge of bankruptcy. 56 044 229 Kyiv News

яценюк State Budget 2015 Will Be Challenging and Stressful in War Conditions. Populism Will Not Pass - Yatseniuk State Budget 2015 in the conditions of war will be challenging and stressful, but the government insists on tax and budget reform as a prerequisite for future economic growth. 12 698 80 Previously in trend: Russian aggression against Ukraine

яценюк Yatsenyuk: Each Day of the War Worth 80 Million Hryvnia. VIDEO Prime Minister Yatsenyuk has told how much each day of the war costs the Ukrainian economy. 17 521 160 Previously in trend: Russian aggression against Ukraine

President Signs Amendments to the State Budget and Tax Code to Provide for Higher Defense Spending President of Ukraine Petro Poroshenko signed the laws on amending the state budget and the tax code that would increase the revenue side of the budget, reduce the cost of the state apparatus and improve funding of the needs of the Armed Forces. 23 993 65 Previously in trend: Budget 2013

Cabinet of Ministers Wants to Increase Spending on the ATO and Restoring of the Donbas for 11,9 Billion Hryvnas Originally, the government proposed to increase expenditure on strengthening the country's defense and restoration of damaged infrastructure in the Donetsk and Luhansk regions by 16.9 billion hryvnas. 13 438 192 Previously in trend: Budget 2013

Helipad in Kanev Built for Budget Funds for Euro Cup Suddenly Became Private. VIDEO Helipad in Kanev Built for Budget Funds for Euro Cup Suddenly Became Private. VIDEO Heliport at Kanev built for budget funds for Euro 2012 became private. 7 404 35 Previously in trend: Budget Siphoning

Another Scam from NBU - Entrepreneurs will be Robbed by New Cash Registers Another Scam from NBU - Entrepreneurs will be Robbed by New Cash Registers Tax officials want to know how much money a business makes "on the spot". 17 986 151 Economics

Ukraine on the Verge of Default: Government Spent Almost all Savings Ukraine on the Verge of Default: Government Spent Almost all Savings The government Hs more and more difficulty paying the bills. On Friday, the Ministry of Finance reported a record budget deficit in December 2012 - 12.16 billion UAH - on a background of low growth of income of the general fund, the annual plan which has been underfulfilled by 32.6 billion USD. 44 085 245 Economics

Petrol Market is in Shadow, Budget Shortreceived Billions, Kolobov Wrote a Letter to Klymenko Petrol Market is in Shadow, Budget Shortreceived Billions, Kolobov Wrote a Letter to Klymenko In 2012 the state budget did not receive more than 4 billion hryvnia due to the reduction of legal import of petrol and the schemes for tax evasion in the market of motor gasoline. 10 019 30 Previously in trend: Gas Prices Shadow economy

Azarov Will Not Return 8 Billion to Kyiv Budget that Cabinet Took from the Capital Azarov Will Not Return 8 Billion to Kyiv Budget that Cabinet Took from the Capital In the modified draft budget of Kyiv which will be discussed at the February 7 session, the return of 8 billion hryvnia seized by the state budget is not provided. 7 222 91 Economics