Ukraine's parliament approved the 2024 state budget on November 9, allocating more than half of the funding for the army to withstand Russia's ongoing invasion. Lawmakers said the budget forecasts revenues of 1.77 trillion hryvnyas ($48.4 billion), while spending is expected to be 3.35 trillion hryvnyas, of which 1.7 trillion hryvnyas are planned for the defense sector to fund the efforts against Russia. That would leave the 2024 deficit at around $43.6 billion. Prime Minister Denys Shmyhal said earlier that "all internal resources will be used to resist and defeat the enemy." To read the original story by RFE/RL's Ukrainian Service, click here.
Ukrainian Lawmakers Approve 2024 State Budget Increasing Army Funding
Ukrainian deputies approved the budget on November 9. (file photo)