Ukraine conflict: Parliament discusses record 2023 defence budget

by Matilde Stronell

Ukrainian Finance Minister Sergii Marchenko presented Kyiv's draft 2023 state budget to parliament on 21 September. The bill includes a record UAH857.9 billion (USD23.02 billion) allocated to defence, which is equivalent to a third of total government spending.

Around 40% of the budget, UAH355 billion, will be allocated to weapons and equipment procurement and modernisation as Ukraine seeks to replenish stockpiles lost during the continuing war with Russia. An additional UAH494 billion is available for personnel training and upkeep.

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Ukrainian Finance Minister Sergii Marchenko presented Kyiv's draft 2023 state budget to parliament o...

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