Ukraine allocates 55 billion hryvnias for weapons production in 2025 budget

Source: Minister of Strategic Industries Herman Smetanin /Telegram

The Ukrainian government’s 2025 state budget will see a substantial allocation of 54.55 billion hryvnias for the production of weapons and military equipment, according to  Minister of Strategic Industries Herman Smetanin. This marks an increase of nearly 4 billion hryvnias over 2024’s defense production budget.

The allocated funds will support the development, design, and implementation of new technologies, along with the expansion of production capacities for defense manufacturing.

In addition, the government will spend 500 million hryvnias on a low-interest credit program that will stimulate domestic defense enterprises. Launched earlier this year, this program allows defense companies to take loans at a 5% interest rate, with the state covering the remainder of the interest.

Overall, the 2025 budget proposal earmarks a total of 2.22 trillion hryvnias for Ukraine’s security and defense sector.

To commemorate the third anniversary of the full-scale invasion, “Bukvy” has compiled data on the largest donors supporting the Armed Forces of Ukraine. Among them there are charitable foundations and businesses. The list includes, in particular, foundations that provide assistance exclusively from their own resources, without fundraising (such as SCM by Rinat Akhmetov, Epicenter, etc.).

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Military serviceman of the International Legion for the Defense of Ukraine with the call sign “Paradox” is the crew commander of the American M113 armored personnel carrier. He is a master at using it and is constantly improving, because the legionnaire’s skills are tested every day in battle. You have to drive to the front lines, often under artillery fire and drone attacks.

Notorious supporter of the concept “in order for a cow to eat less and give more milk, it needs to be fed less and milked more” “Servant of the People” Danylo Hetmantsev, under the guise of “business requirements”, registered a draft law on the collection of VAT on all foreign purchases, regardless of their value. In other words, every Ukrainian, buying goods of any value and purpose abroad, when sending them to Ukraine, will have to pay an additional fifth part, or 20% of the cost of the goods.

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