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18 Apr. 2024

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How much money has Ukraine spent on weapons since the beginning of the year?

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How much money has Ukraine spent on weapons since the beginning of the year?

Ukraine's budget incurred large expenditures in response to the escalating situation. In particular, the government has spent billions of dollars on arms purchases. Find out more about how much money has already been spent

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In early 2024, Ukraine was facing a difficult situation due to insufficient funding and a shortage of weapons and ammunition. 


The government was forced to spend billions of dollars to purchase weapons due to the lack of promised assistance from partners. This was announced by Finance Minister Sergii Marchenko on Facebook.


Here is how much money from the budget has been spent on the country's defense since the beginning of the year.

Why the United States and the United Kingdom cannot help Ukraine shoot down drones like Israel - read here.


It became known how much money was spent on weapons 


Together with President Volodymyr Zelenskyy and Prime Minister Denys Shmyhal, Sergii Marchenko took part in the fifth World Bank and IMF Ministerial Roundtable in Washington, D.C., where they discussed issues related to Ukraine.




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In his speech to the partners, Marchenko emphasized the difficult situation in Ukraine due to the lack of finance and weapons.


"USD 4 billion - this is the amount of money the Government spent on arms purchases, despite the lack of shells and weapons promised by our partners. This has negative consequences for the budget," emphasized Marchenko.


He noted that the absence or delay of aid has a direct impact on the situation at the frontline and also leads to a decrease in Ukraine's economic potential.


Marchenko urged the partners to find mechanisms to use the frozen russian assets for the benefit of Ukraine as soon as possible.


"To win, it is critical to equalize military resources with those of the aggressor," he emphasized.

We remind you! Earlier we wrote that the West says that the stockpile of weapons that could be transferred to Ukraine is almost exhausted, but is this really true? Find out what percentage of their arsenal our partners have transferred to Ukraine and who has made the biggest contribution to supporting the country.


Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.




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