6299 visitors online
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.

show details

TOP news budget

сша,сенат US Senate voted for 2023 budget, which provides $44.9 billion in aid for Ukraine U.S. Senate voted for U.S. government budget in amount of $1.7 trillion. It provides $44.9 billion in additional aid for Ukraine and NATO allies. 6 266 35 Previously in trend: Russian aggression against Ukraine War

мвс,кордон Cabinet of Ministers has allocated UAH 500 million from reserve fund to equip training areas and firing ranges for MIA The Cabinet of Ministers has allocated UAH 500 million from the state budget reserve fund to the Ministry of Internal Affairs for the arrangement of training grounds and firing ranges. 1 999 34

military salary Information about lack of money for military payments is fake. They will get their salaries according to plan - Ministry of Finance Financing the Armed Forces of Ukraine is an absolute priority for the Ministry of Finance. 2 328 56 Previously in trend: payments to military

парламент Rada to work today till 2016 budget passed. Two new MPs took oath Today, Dec. 24, the MPs will work until all issues on the plenary session agenda are dealt with. 10 705 32 Ukrainian Politics

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. 4 153 32 Ukrainian Politics

оружие турчинов техника 2018 Defense Budget should provide for financing priority defense and security tasks, - Turchynov A meeting to talk over the 2018 Defense Budget of Ukraine has been held under the chairmanship of NSDC Secretary Oleksandr Turchynov. 250 250 32 Ukrainian Politics

Ukraine spends nearly 20 percent of state budget on defense and security, Poroshenko says 20 percent of Ukraine’s budget expenditures cover defense and security needs. 6 458 32 Previously in trend: Budget 2013

Yatsenyuk on Budget 2013: Ukrainians Will be Charged Additional 1 Billion Hryvnia. VIDEO Yatsenyuk on Budget 2013: Ukrainians Will be Charged Additional 1 Billion Hryvnia. VIDEO The opposition calls the state budget 2013 passed by the parliament "a poverty budget" and considers it "unjust, unprofessional and inefficient." 7 204 32 Previously in trend: Budget 2013

Regime Substituted the Budget and Provided Itself With Extra 2 billion for Expenses, Yatsenyuk Regime Substituted the Budget and Provided Itself With Extra 2 billion for Expenses, Yatsenyuk The Law on State Budget 2013 signed by the President and the bill on the state budget for 2013 adopted by the parliament on 6 December are two different documents. 3 360 31 Previously in trend: Budget Siphoning

Rada approves Budget Declaration for 2022-2024 Rada approves Budget Declaration for 2022-2024 The Verkhovna Rada of Ukraine approved the Budget Declaration of Ukraine for 2022-2024. 2 987 31 Ukrainian Politics

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. 10 021 30 Previously in trend: Gas Prices Shadow economy

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

Parliament to start consideration of state budget Dec. 17, - Hroisman Chairman of the Verkhovna Rada of Ukraine Volodymyr Hroisman stated that the Ukrainian parliament will begin considering the budget Dec. 17. 2 943 30 Previously in trend: Budget 2013

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

гроші,долар White House proposed to allocate $482 million from US budget for 2025 to support Ukraine The US administration has announced its budget request for fiscal year 2025, which includes $1.5 billion to counter Russian aggression and about half a billion to support Ukraine - in addition to the large-scale package that is currently in the US Congress. 3 965 29 World

кабмін Ukraine received $7 billion from allies in three months - Shmyhal In more than three months, financial support from Ukraine's allies totaled $7 billion. 2 315 28 Previously in trend: Aid to Ukraine

шмигаль State budget received $3 billion in grant aid from USA, - Shmyhal Prime Minister Denys Shmyhal announced that the state budget of Ukraine received $3 billion in grant aid from the United States through the mechanism of the World Bank. 3 417 28 Previously in trend: Aid to Ukraine

Путін про ситуацію в Курській області Russia approves three-year budget with record spending on war The State Duma of the Russian Federation has adopted the law "On the Federal Budget for 2025 and for the planning period 2026-2027". 5 474 27 Previously in trend: War

свириденко After Russian invasion Ukraine suffered losses of 564.9 billion dollars, - Minister of Economy Svyrydenko The Cabinet of Ministers has calculated the amount of Ukraine's current losses in the war with Russia, including $ 119 billion in infrastructure losses. 3 779 27 Previously in trend: Russian aggression against Ukraine War

деньги,кредит,бюджет,помощь Ukraine independently covers 50% of state budget, rest - partners, - Ministry of Economy About 50% of the expenses of the state budget of Ukraine are currently covered by foreign partners, the rest is covered by Ukraine on its own. 2 467 27 Previously in trend: War Budget 2023

"What is this Document? Is it a Budget? Certainly Not!", Deputies Against Speaker Lytvyn. VIDEO "What is this Document? Is it a Budget? Certainly Not!", Deputies Against Speaker Lytvyn. VIDEO Not only the opposition is against accepting the state budget for 2013 by the current parliament in its present form - filed by the resigned Cabinet. The Communist Party is also against it. According to deputies, there are attempts to pass the law on the state budget in violation of the Rules and Constitution. 6 110 26 Previously in trend: Budget 2013

Budget 2013 Will Be Presented by Finance Minister Kolobov: “Improvements” Continue Budget 2013 Will Be Presented by Finance Minister Kolobov: “Improvements” Continue On Tuesday the Verkhovna Rada will hear a presentation by the Ministry of Finance of the modified budget 2013 draft. 11 825 26 Previously in trend: Budget 2013

Minister Jaresko predicts budget revenue growth in 2016 by 16 percent State budget revenues in 2016 will amount to UAH 601 bln (approx. $25.23 bln), which is 16 percent as much as in 2015. 3 411 26 Economics

антс,ківісельг Budget of Russian Federation allows aggressor to continue war with same intensity, - Estonian intelligence Signed by dictator Vladimir Putin, Russia’s military budget for 2024 allows Russia to continue the war against Ukraine with the same intensity as it does now. 3 197 24 Previously in trend: War

“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

Azarov Allocated 97 Million Budget Funds for Kliuiev Brothers Business Azarov Allocated 97 Million Budget Funds for Kliuiev Brothers Business State Enterprise NEC Ukrenergo entered into an agreement with Sviaztehservis LLC to perform construction work, supply of equipment for the substation Prydunaiskaia project. 7 370 24 Previously in trend: Budget Siphoning

US Senate suggests increasing aid to Ukraine in 2020 defense budget up to $300 mln US Senate suggests increasing aid to Ukraine in 2020 defense budget up to $300 mln The US Senate suggests increasing up to $300 million and significantly expand assistance to Ukraine's security sector in the US defense budget for 2020. 1 693 24 Previously in trend: Russian aggression against Ukraine Aid to Ukraine

бюджет Shmyhal: Today our state budget is filled from 3 sources: taxes, funds raised and military bonds To fill the budget, funds are raised from several sources that help Ukraine survive, maintain a stable macroeconomic situation, the banking system and the exchange rate. 1 570 24 Previously in trend: Russian aggression against Ukraine 2022 budget War

Порошенко виступає в Раді Military tax and revenues from domestic government loan bonds should be transferred to trust fund to finance AFU - Poroshenko The government has rejected a proposal to create a special trust fund for the needs of the Defense Forces. 1 332 24

Sybiha spoke about Ukraine’s defense spending Ukraine provides itself with almost 40% of its own weapons, and can increase these figures - Sybiha More than a quarter of Ukraine's budget goes to defense. However, it may increase these figures. 3 806 29 Previously in trend: Ukraine’s defense spending

шмигаль Ukraine increased expenditures on defense by nine times in 2022, - Shmyhal In 2022, Ukraine increased defense spending nine times compared to 2021. 1 284 23 Previously in trend: War

Ukraine parliament head signs budget-2019 Ukraine parliament head signs budget-2019 Chairman of the Verkhovna Rada, Ukrainian parliament, Andrii Parubii signed the law on the state budget for 2019. 1 278 22 Previously in trend: Budget 2019

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

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. 4 894 21 Ukrainian Politics

зсу Next year, 43% of state budget will be allocated to army and security. INFOGRAPHICS The draft law on the State Budget for 2023 is aimed at Ukraine’s victory in the war started against it by Russia. 3 934 20 Previously in trend: War Budget 2023

школа,мова,вчителька In 2024, payments to teachers will be increased by 21% – Shmyhal In 2024, salaries for teachers will be increased by 21%, total budget expenditures on education will reach more than UAH 170 billion. 2 275 20 Ukrainian Politics

вр бюджет Poroshenko Bloc at odds over state budget The 2016 draft state budget will be introduced before the parliament as soon as the new draft Tax Code is submitted. 7 479 19 Previously in trend: Budget 2013

U.S. increases volume of military aid for Ukraine by USD 25 mln U.S. increases volume of military aid for Ukraine by USD 25 mln U.S. House Committee on Appropriations released a bill on the funding defence area in the 2021 fiscal year. In it, the size of military assistance for Ukraine has been increased by 25 million dollars. 1 678 20 Ukrainian Politics

Cabinet approved draft 2016 budget and Tax Code, - Minister Abromavicius The Cabinet of Ministers approved the draft Tax Code and the draft state budget for 2016 based on it on Thursday. 10 766 19 Previously in trend: Budget 2013

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

міноборони 65% of defense budget for 2024 will be allocated for payments to servicemen, - Defense Ministry Deputy Minister of Defense Yurii Dzhyhyr explained how Ukraine’s record defense budget for 2024 will be used. 2 699 17 Previously in trend: War

Ministry of Health: Spending on transplantation increased more than fourfold this year Ministry of Health: Spending on transplantation increased more than fourfold this year In 2021, spending on organ and tissue transplantation has been increased to UAH 502 million. 620 17 Previously in trend: Budget 2021

рф,рубль Committee of Verkhovna Rada approved draft law on Fund for Liquidation of Consequences of Russian Federation’s Aggression, but did not allow priority to direct confiscated Russian assets to needs of army, - Zheleznyak The Budget Committee of the Council supported and recommended the overall adoption of draft law 8027 on the creation of the Fund for Liquidation of the Consequences of Armed Aggression of the Russian Federation. 1 740 17 Ukrainian Politics

парубий State budget draft bill for 2018 published on Rada website, - Speaker Parubii State budget draft bill 2018 has been published on the website of the parliament. 11 328 16 Previously in trend: Budget 2018

Rada instructs Cabinet to finalize draft state budget-2016 and submit it to parliament before Dec. 24 The Verkhovna Rada of Ukraine has instructed the Cabinet of Ministers to finalize the draft budget for 2016, taking into account its discussion during the presentation in the parliament, and submit it for the parliament’s consideration before Dec. 24. 3 263 15 Previously in trend: Budget 2013

бюджет,госбюджет State Budget 2023 will be half financed from own resources. $38 billion deficit will be covered by partners, Shmyhal Next year’s state budget will be half financed from own resources, international partners will help with the rest of the financing. 2 530 15 Previously in trend: War Budget 2023

U.S. Congress adopts defense policy bill with $250 mn for Ukraine U.S. Congress adopts defense policy bill with $250 mn for Ukraine The U.S. House of Representatives adopted by overwhelming majority the 2021 defense policy bill which provides for sanctions against Nord Stream 2 and security assistance to Ukraine. 2 320 15 Previously in trend: Russian aggression against Ukraine Aid to Ukraine

Rada speaker promises protesters outside parliament to consider financing of science while amending budget in June Verkhovna Rada of Ukraine Chairman Andrii Parubii has met with representatives of the scientific community who gathered outside the parliament on Tuesday demanding funding of science. 4 110 15 Ukrainian Politics