Financing of the security and defence sector of Ukraine in January 2024 carried out in full

In January of this year, UAH 134,881.5 million was allocated for the needs of the security and defence sector of Ukraine, which is 100% of the plan. Thus, the financing of the security and defence sector under this source of funding was carried out in full in accordance with the monthly allocation schedule. This was announced by Mykola Dyshliuk, Head of the Service for Financial Support of the Implementation of Measures in National Security and Defence at the NSDC Office.

As he said, the analysis of the results of the relevant funding of the security and defence sector of Ukraine was carried out on instructions from Secretary of the National Security and Defence Council of Ukraine Oleksii Danilov.

A total of UAH 1,546,708.7 million is allocated in the general fund of the state budget for 2024 for the needs of the security and defence sector.

The total resource for 2024 for the needs of the security and defence sector of Ukraine is provided in the amount of UAH 1,692,613.0 million, which is 22.1% of the gross domestic product, which corresponds to sub-clause1 of clause 1 of the decision of the National Security and Defence Council of Ukraine dated 9 October 2023 dated 9 October 2023 “On Proposals to the Draft Law of Ukraine “On the State Budget of Ukraine for 2024” on the Items Related to Ensuring National Security and Defence of Ukraine”, enacted by the Decree of President of Ukraine No. 682 dated 9 October 2023.

It is to be noted that the Government is taking measures to implement sub-clause 2 of clause1 of the said Council’s decision. Thus, in January of this year, an additional UAH 3,910.8 million was allocated for the security and defence sector of Ukraine for urgent needs.

For reference: According to Presidential Decree No. 682 dated 9 October 2023 “On the Decision of the National Security and Defence Council of Ukraine dated 9 October 2023 “On Proposals to the Draft Law of Ukraine “On the State Budget of Ukraine for 2024” on the Items Related to Ensuring National Security and Defence of Ukraine”, the Secretary of the National Security and Defence Council of Ukraine is charged with monitoring the implementation of the NSDC decision.

Secretary of the National Security and Defence Council of Ukraine Oleksii Danilov duly approved the plan of control over the implementation of the above decision of the NSDC of Ukraine. Head of the NSDC Office Andrii Ziuz instructed the heads of the relevant services to monitor the implementation of the above decision of the Council in accordance with the approved plan.