The Cabinet of Ministers of Ukraine has decided to transfer budget allocations provided for the Ministry of Strategic Industries for 2025 to the Ministry of Defense.
The relevant order allows the Ministry of Defense to administer financing for key areas of development of the defense-industrial complex.
The total amount of funding is over 36.6 billion hryvnias. The funds will be directed to:
- implementation of programs for defense industry development;
- deployment of new technologies;
- expansion of defense industry production capacities;
- procurement of weapons and military equipment.
Separately, 500 million hryvnias have been allocated for state financial support for enterprises operating in the defense-industrial complex.
Ukrainian Defense Minister Denys Shmyhal noted that the work is being carried out comprehensively and systematically to strengthen the country's defense capabilities through domestically produced weapons.
Let us remind you that the Cabinet of Ministers recently approved additional funding for the Ministry of Defense of 311 billion hryvnias.