Business news from Ukraine

Business news from Ukraine

Kyiv to spend over UAH 1.1 bln on security and defense in 2023

13 July , 2023  

Kyiv will increase funding for security and defense forces in 2023 compared to last year from almost UAH 850 million to over UAH 1.1 billion, Kyiv Mayor Vitali Klitschko has announced.

“This year, Kyiv will allocate more than UAH 1.1 billion to finance the security and defense forces of the capital. This is to help the Armed Forces, border guards, and police. Almost 350 million hryvnias have already been allocated from these funds,” he wrote on his Telegram channel on Thursday.

Klitschko reminded that “last year, Kyiv allocated almost UAH 850 million from the city budget to support the security and defense forces.”

“This money is spent, in particular, on military uniforms, bulletproof vests and helmets. It is also used to purchase drones, radio stations, repair military equipment, and transport. We also send aid to the front line that we raise ourselves – from international partners. We have sent vehicles, drones, Starlink systems, generators, and first aid kits. And we continue to do so,” Klitschko wrote.

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