On September 15, the Cabinet of Ministers approved the budget of Ukraine for 2024. The priority is the security and defense of our state. Funding is provided at the level of 2023 - more than ₴1.5 trillion, that is more than half of all resources.
Financing of the development of the defense-industrial complex, which is directly supervised by the Ministry of Strategic Industries, will increase by a total of 7 times next year - to almost ₴55.8 billion.
The main focus is the production of weapons within the country: both at UkrOboronProm enterprises and by private manufacturers.
"This is the right investment by the state in victory and economic recovery. These funds will be used for the development of existing production facilities and the launch of new ones. Together with the Minister of Defense Rustem Umerov, we will work on the localization of the production of weapons and military equipment," said Oleksandr Kamyshin, Minister for Strategic Industries.