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Nation    

Ukraine increases defense, security spending 49.5% on month in May
Journal Staff Report

KYIV, June 30 – Spending on defense, public order, security and judiciary in May this year increased by 49.5% compared to April, to UAH 134.6 billion.

According to the data on the state budget spending on the website of the National Bank, expenditures reached 59.7% in the total structure of state budget expenditures compared to 51.2% in April this year and 20.1% in May last year. In particular, in May 2022, the budget allocated UAH 97.4 billion for defense, which is 56.7% more than in April 2022 and 7.7 times more than in May 2021.




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