On 19 November, the Ukrainian parliament (Verkhovna Rada) adopted (by a majority of 257 votes) the 2025 budget law, specifying that the country’s spending will amount to 3.94 trillion hryvnias (approximately $95.5 billion) and its revenues to 2.34 trillion hryvnias (approximately $56.7 billion). The vast majority of expenditures –2.2 trillion hryvnias (approximately $53.3 billion, more than 55% of the total budget) –will be spent on defence. …read more
Source:: Centre for Eastern Studies (Poland)