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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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Government suggests allocating UAH 97 bln for fight against COVID-19 Government suggests allocating UAH 97 bln for fight against COVID-19 The Cabinet of Ministers of Ukraine has made provision for the creation of a fund to fight COVID-19 in the amendments to the state budget. 9 874 64 Previously in trend: Budget 2020

марченко,мінфін Military budget of Russian Federation is 2.5 times larger than Ukrainian one. We urgently need help, - Ministry of Finance Russia’s military budget is more than twice the size of Ukraine’s military budget in 2024, so the support of foreign partners is critical. 3 944 64 Economics

яценюк yatseniuk Yatseniuk fully supports finance minister’s activities: "This is only reasonable policy" Prime Minister Arsenii Yatseniuk says that he fully supports the activities of the Finance Ministry headed by Natalie Jaresko. 33 504 62 Ukrainian Politics

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

гетманцев If partners stop external financing of Ukraine, there will be two ways out - cutting costs or printing money, - "Servant of people" Hetmantsev In the event of the termination of external funding, Ukraine will have two options: severe spending cuts or starting a "printing press" with money. 5 587 61 Economics

Порошенко пропонує зміни до бюджету Poroshenko proposed changes to 2025 budget: We know where to get UAH 170 billion without raising taxes Petro Poroshenko presented the ES's proposals to the draft State Budget for 2025. According to him, all untargeted spending should be reduced, and military tax funds should be used exclusively for the needs of the army. 8 323 61

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. 9 970 61 Previously in trend: Budget 2013

Corruption Boom. Government Wants to Spend $7 Billion on Mythic Olympic Games from Yanukovych Corruption Boom. Government Wants to Spend $7 Billion on Mythic Olympic Games from Yanukovych The Ukrainian government has approved technical and economic rationalisation of hosting Winter Olympics in Carpathians in 2022. 5 753 60 Previously in trend: Budget Siphoning

Cabinet Suggests Rada Lower State Budget Revenues By UAH 115 Billion, Raise Expenditures By UAH 96 Billion - MP Honcharenko Cabinet Suggests Rada Lower State Budget Revenues By UAH 115 Billion, Raise Expenditures By UAH 96 Billion - MP Honcharenko The Cabinet of Ministers of Ukraine has suggested that the Verkhovna Rada of Ukraine decreased the revenues of the state budget for 2020 by UAH 115 billion, and increase its expenditures by UAH 96 billion. 3 412 60 Economics

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. 3 398 60 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. 5 739 59 Previously in trend: Budget 2013 New Rada

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

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

полторак Minister Poltorak accused army of untimely disbursement of arms supply and maintenance funds, - Censor.NET source Chief of the General Staff Viktor Muzhenko bears direct responsibility for implementing arms supply and maintenance programs, while the allegations were addressed to Deputy Chief of the General Staff, Lieutenant-General Volodymyr Khyzhyi and Head of General Staff Operational Support Department Mykola Kravchuk. 22 362 58 Ukrainian Politics

марченко In May, budget expenditures were covered by revenues by only 40% - Finance Minister Marchenko Ukraine's state budget expenditures far exceed revenues. 4 751 57 Previously in trend: War

мобілізація,тцк Ministry of Finance expects proposals from General Staff and Ministry of Defense on where to get money for additional mobilization, - Marchenko It is too early to estimate how much money from the state budget will need to be allocated to ensure the mobilisation of 500,000 people. 10 338 57 War in Ukraine

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

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

рада,телеканал One minute of broadcasting of Rada channel costs UAH 1,692 for taxpayers - People’s Deputy Zhelezniak The parliamentary television channel "Rada" announced a tender for UAH 105 million to create television programs in order to provide a "round-the-clock information marathon" "United News # UAtogether." The winner was chosen without competition. 7 918 55 Previously in trend: Budget Siphoning

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. 13 119 54 Previously in trend: Budget 2017

сша,сенат US Senate approved record defense budget of $858 billion, of which $800 million is earmarked for aid to Ukraine The US Senate approved a record defense budget for 2023. Its amount is 858 billion dollars, of which 800 million dollars are provided for additional assistance to Ukraine. 6 229 52 Previously in trend: Russian aggression against Ukraine War

GDP growth by three percent, more than eight percent inflation rate, and 27.2 hryvnia for USD, - Finance Ministry dwells on draft budget resolution-2017 The draft budget resolution for 2017, developed by the Ministry of Finance of Ukraine, envisages GDP growth by 3 percent with an inflation rate of 8.1 percent and the exchange rate of 27.2 hryvnia to one US Dollar. 11 476 51 Ukrainian Politics

кличко Klitschko complains about state budget-2016: "It exposes Kyiv to survival instead of development" The conditions stipulated by the state budget for the capital place Kyiv into a situation of survival rather than development. 10 555 51 Previously in trend: Budget 2013

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

Opposition Deputy on Urgent Adoption of Budget: It Opposition Deputy on Urgent Adoption of Budget: It's Incredible. They Violated Everything. Regions are Afraid of Next Parliament’s Dissolution The Party of Regions wants to urgently adopt a law on the state budget 2013 despite the unprecedented violations because they fear that in the next parliament they will not have enough votes, and President Viktor Yanukovych will have to dissolve the parliament. 11 998 47 Previously in trend: Budget 2013

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

Cabinet expects Rada to vote budget after 10 p.m. The Cabinet of Ministers of Ukraine plans to submit the draft state budget for 2016 for consideration by the parliament at 10 p.m. 4 017 46 Previously in trend: Budget 2013

IMF has no comments on Ukraine’s budget-2016, Finance Minister Jaresko says The International Monetary Fund has got no observations regarding the adopted Law on State Budget of Ukraine for 2016. 2 411 45 Economics

Speaker Parubii signs law on budget-2017 Verkhovna Rada Speaker Andrii Parubii has signed the law “On state budget of Ukraine for 2017.” 5 281 45 Previously in trend: Budget 2017

свириденко Ukraine has Plan B in case of short-term delay in financing from partners, - First Deputy Prime Minister Svyrydenko Ukraine has a plan B in case of delays in funding from the EU and the US, and is currently working with partners to develop several options. 3 795 44 Previously in trend: Aid to Ukraine

Yatsenyuk Refused Monthly Premium for Faction Leaders Introduced by Speaker Rybak Yatsenyuk Refused Monthly Premium for Faction Leaders Introduced by Speaker Rybak Chairman of Batkivschyna faction Arseniy Yatsenyuk refused a monthly premium that as the chairman of the faction he was appointed by the decree of the Verkhovna Rada Speaker. 2 509 44 Previously in trend: Budget Siphoning

данилюк State Budget 2018 provides for 5 percent of GDP on defense, - Finance Minister Danyliuk The state budget bill for 2018 stipulates for allocation of 5 percent of GDP on the defense needs. 9 903 43 Ukrainian Politics

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

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

Opposition is Ready to Face the Regions During Budget 2013 Voting Opposition is Ready to Face the Regions During Budget 2013 Voting The Party of Regions expects to adopt the budget on Thursday without the help of the Communists. 4 480 41 Previously in trend: Budget 2013

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

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

IMF agrees that state budget-2016 meets objectives of cooperation program with Ukraine, Finance Minister Jaresko says The International Monetary Fund has agreed that the budget adopted Dec. 25 meets the objectives of the program of Ukraine's cooperation with the Fund. 4 604 39 Previously in trend: Budget 2013

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. 51 515 38 Previously in trend: Budget 2017

Hroisman signs state budget 2016 law Verkhovna Rada Chairman Volodymyr Hroisman has signed the law on the state budget of Ukraine for 2016. The document has been forwarded to the president for signing. 4 154 38 Previously in trend: Budget 2013

We Need to Find Out What Currency do Heads of National Bank Keep Their Savings in, Head of the Ukrainian Banks Association We Need to Find Out What Currency do Heads of National Bank Keep Their Savings in, Head of the Ukrainian Banks Association Experts believe that officials of the National Bank urge to sell dollars just for their own benefit. 10 100 38 Economics

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

деньги бюджет госдолг Rada supports budget bill in first reading The Verkhovna Rada of Ukraine adopted as a whole the bill No. 7000-P "On the conclusions and proposals to the draft Law of Ukraine on the State Budget of Ukraine for 2018" which means that the budget bill for 2018 was endorsed in the first reading. 19 007 37 Previously in trend: Budget 2018

Lawmakers may be adopting state budget until morning, - MP Honcharenko The agreement has been reached between the coalition and separate deputy groups to support the disputed issue on the new VAT refund system, which in turn will allow the parliament to vote for the 2016 budget. 7 077 36 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. 7 406 35 Previously in trend: Budget Siphoning

турчинов turchynov "We are not going to reduce security and defense spending," – NSDC Secretary Turchynov. PHOTOS Since the hostilities in the east of Ukraine are still underway and the threat of Russian troops’ advance is high, strengthening of firepower of the Ukrainian Armed Forces, National Guard, and all the detachments in charge of the security and defense of Ukraine should be the priority of our state. 11 328 35 Incidents

вр_здание Verkhovna Rada wants to increase military expenditures by 500 billion, - Zhelezniak The Verkhovna Rada plans the largest increase in the state budget in the history of Ukraine. 5 192 35 Ukrainian Politics

US Senate passes bill envisaging $250M in assistance for Ukraine US Senate passes bill envisaging $250M in assistance for Ukraine's defense The U.S. Senate supported bill on the Department of Defense Appropriations Act, 2019 (H.R. 6157), which provides, among other things, for an increase in assistance for Ukraine's security needs to $250 million. 1 860 35 Previously in trend: Russian aggression against Ukraine Aid to Ukraine