More drones, missiles, shells, artillery, armored vehicles: Shmygal on plans to strengthen the Ukrainian defense industry

This year, 2.2 trillion hryvnias or 26% of the country’s GDP will be spent on defense from the state budget. A special emphasis is placed on increasing the capacities of the Ukrainian armed forces in order to obtain more drones, missiles, shells, artillery, and armored vehicles. This was announced by Prime Minister Denys Shmyhal during the government meeting, reports UNN.

“In 2024, more than half of state budget expenditures went to defense purposes.

This year, the Defense Forces will be financed by more than 2.2 trillion hryvnias, which is more than 26% of the country’s GDP. We place special emphasis on the growth of the capacities of the Ukrainian defense industry. More drones, missiles, shells, artillery, armored vehicles. We have high hopes for the scaling of the so-called “Danish model” – the ordering by partners of weapons from Ukrainian defense enterprises for Ukraine’s needs,” Shmyhal said.

We will remind

According to the law “On the state budget of Ukraine for 2025”, state budget revenues are predicted to be more than 2.327 trillion hryvnias, and expenditures at the level of 3.929 trillion hryvnias, of which 2.22 trillion hryvnias are for defense.