Over 50% of Ukraine's state budget spent on defense, boosting capabilities six-fold. 1.2 million drones procured, with $41.7B international aid secured.
Ukrainian Prime Minister Denys Shmyhal announced that over half of the country’s state budget in the past year was allocated to defense.
“More than 50% of state budget expenditures this year were dedicated to defense—every single hryvnia collected domestically,” Shmyhal stated during a government meeting, excerpts of which he shared on Telegram.
He highlighted that increased investments by the state and private sector have boosted Ukraine’s defense industry capabilities six-fold. Currently, more than 800 state-owned and private companies are involved in the defense sector.
Shmyhal also revealed that over 1,000 types of weapons and equipment have been approved for use, with half of these being produced domestically.
Regarding drones, he noted that over 96% of production in the sector is domestic, and the Army of Drones initiative has successfully procured more than 1.2 million drones.
On the topic of financial stability, Shmyhal emphasized that all priority expenditures are fully funded, with Ukraine securing $41.7 billion in international aid from its partners.
Czech President Petr Pavel has announced that he will appoint billionaire Andrej Babis, the winner of the recent elections, as the country’s new pri...
Nestled in the Dolomites, Cortina d’Ampezzo is racing toward the finish line ahead of the 2026 Winter Olympic Games. Officials said on Thursday that...
Ukraine has urged for genuine peace with Russia rather than concessions, warning that poorly negotiated settlements in the past have led to disaster....
German Chancellor Friedrich Merz on Thursday (December 4) firmly rejected U.S. proposals to use Russian assets frozen in the European Union for the be...
The United Kingdom and Norway have unveiled a new joint naval initiative designed to protect undersea infrastructure and counter increased Russian sub...
Ukraine has urged for genuine peace with Russia rather than concessions, warning that poorly negotiated settlements in the past have led to disaster.
German Chancellor Friedrich Merz on Thursday (December 4) firmly rejected U.S. proposals to use Russian assets frozen in the European Union for the benefit of the United States, emphasizing that these funds should be directed to support Ukraine.
Russia has warned that any "illegal action" by the European Union regarding its frozen assets will provoke "the harshest reaction," with Moscow already preparing its response.
Ukrainian President Volodymyr Zelenskyy has announced that his country is preparing meetings in the United States with representatives of President Donald Trump, as diplomatic efforts continue to secure a dignified peace and reinforce pressure on Russia.
For nearly three decades following the dissolution of the Soviet Union, the international system was defined by a singular, overwhelming reality: American unipolarity.
Chinese scientists have unveiled a new gene-editing therapy that they say could lead to a functional cure for HIV, making it one of the most promising developments in decades of global research.
Faced with mounting public outrage following one of the deadliest environmental disasters in the nation’s recent history, the Indonesian government has pledged to investigate and potentially shut down mining operations found to have contributed to the catastrophic flooding on Sumatra.
Britain’s King Charles III welcomed German President Frank-Walter Steinmeier on Wednesday, marking the beginning of his three-day state visit to the United Kingdom. The visit, the first by a German President to the UK in 27 years, comes as the two countries continue to strengthen ties post-Brexit.
U.S. President Donald Trump has launched a blistering verbal attack on the Somali community, characterising migrants as "garbage" just as federal authorities prepare a contentious enforcement operation in the Midwestern state of Minnesota.
While political leaders hail a historic agreement, residents of Goma remain skeptical as clashes continue on the ground.
President Donald Trump has appointed a new architect to oversee the highly anticipated White House ballroom project, a White House spokesman confirmed on Thursday.
A bipartisan group of U.S. senators, including prominent Republican China hawk Tom Cotton, introduced the SAFE CHIPS Act on Thursday, aiming to prevent the Trump administration from easing restrictions on China’s access to advanced artificial intelligence (AI) chips for a period of 2.5 years.
Czech President Petr Pavel has announced that he will appoint billionaire Andrej Babis, the winner of the recent elections, as the country’s new prime minister on December 9.
Nestled in the Dolomites, Cortina d’Ampezzo is racing toward the finish line ahead of the 2026 Winter Olympic Games. Officials said on Thursday that the Olympic Village is almost ready to receive athletes competing from February 6th to the 22nd.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment