In Ukraine, the Parliament has approved the government’s 2025 budget, which prioritises military expenditures, social support and economic recovery. The Ukrainian Finance Ministry today announced that approximately 54 billion US Dollars, will be allocated for security and defense, out of a total budget of about 87 billion US Dollars. The ministry further said that revenues, excluding grants and international aid, are expected to reach 49.6 billion US Dollars in the next year.

Ukraine is counting on receiving 38.4 billion US dollars in international aid to cover the budget deficit. The budget also forecasts a GDP growth of 2.7 per cent next year, with inflation at 9.5 per cent.