Ministry of Defense to receive 36.6 billion UAH: what the funds for the defense industry will be spent on
The Ministry of Defense will receive 36.6 billion UAH for the development of the defense industry
The government has transferred funds to the Ministry of Defense for the development of the defense industry. This means that the Ministry of Defense will have the opportunity to finance important programs and projects.
In total, over 36.6 billion UAH will be invested in the development of the defense industry, the implementation of cutting-edge technologies, the expansion of the production capacities of the defense sector, as well as the procurement of military equipment. Additionally, 500 million UAH has been allocated to support enterprises in this sector.
'We are working comprehensively and systematically to strengthen Ukraine with domestically produced weapons that will inflict irreparable losses on the enemy,' said the Minister of Defense of Ukraine, Denys Shmyhal.
Summary: The government has transferred more than 36.6 billion UAH to the Ministry of Defense for the development of the defense industry. This will allow the country to enhance its defense capabilities through the Ukrainian military-industrial sector.
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