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.
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Around 1,700 apartment blocks in Kyiv remain without heating after a Russian missile and drone attack earlier this week, Mayor Vitalii Klitschko said on Sunday. Russia has intensified strikes on Ukraine’s energy infrastructure since its invasion in 2022.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 25 January, covering the latest developments you need to know.
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Ukraine and Russia ended a second day of U.S.-brokered peace talks in Abu Dhabi on Saturday without reaching a deal, though both sides said further discussions were expected next weekend.
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Firefighters were clearing the charred ruins of a Karachi shopping mall in Pakistan on Tuesday (20 January) as they searched for people still missing after a fire that burned for nearly two days and killed at least 67 people, police said.
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