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World / Europe

Ukraine approves budget with 60% earmarked for defence and security

Published: 19 Nov 2024 - 05:33 pm | Last Updated: 19 Nov 2024 - 05:39 pm
File photo

File photo

AFP

Kyiv, Ukraine: Ukrainian lawmakers voted Tuesday to approve the 2025 budget with more than $50 billion -- or 60 percent of all expenditure -- allocated to defence and security.

"The state budget for 2025 has been adopted," Prime Minister Denys Shmygal said on Telegram, adding: "All taxes of citizens and businesses next year will be used for the defence and security of our country."