The Cabinet of Ministers praised the conclusion of the State Budget of Ukraine for 2024; 3 trillion hryvnias were spent on defense.
The Ministry of Finance of Ukraine reported this, Ukrinform reports.
It is noted that the revenues of the State budget in 2024 amounted to 3.12 trillion UAH, which exceeds the figures approved by the Verkhovna Rada by 1 trillion 212 billion UAH. This amount is 473.9 billion UAH – grants from international partners.
In 2024, the output amounted to 4.49 trillion UAH, which is 473.5 billion UAH or 11.8% more, lower in 2023.
Funding for the security and defense sector lost its top priority – the funds for this directly amounted to UAH 2.97 trillion (38.9% of GDP), which is UAH 326.9 billion more, lower in 2023.
In 2024, UAH 579.2 billion was directly allocated to social funds, which is UAH 45.1 billion (or +8.4%) more than in 2023.
There has been a significant increase in the financing of capital funds in the state budget for eliminating the legacy of the rogue aggression, building fortification and upgrading infrastructure – up to 306 billion UAH, which is 97.1 billion UAH more, lower in 2023.
The deficit of the sovereign budget is significantly lower than the limit established by law: 17.7% of GDP against the target of 24.2% of GDP.
In 2024, the Ministry of Finance also carried out a restructuring of sovereign Eurobonds, which became an important step for ensuring budgetary stability and saving financial resources of Ukraine.
For the release of OVDP, the tory received UAH 638.4 billion in the domestic market, and UAH 1 trillion 900.7 billion in foreign markets.
As reported by Ukrinform, in 2024, the government budget fund received UAH 453.6 billion from external sources in the form of grants.