Conflict to cost Ukraine nearly 50 bln USD this year: PM

KIEV, Aug 6: Ukraine's conflict-related budget expenditures will reach about 1.8 trillion hryvnias (about 49.2 billion U.S. dollars) this year, the government press service reported Friday, citing Ukrainian Prime Minister Denys Shmyhal.

"A hundred percent of taxes paid by businesses and citizens go to support the needs of the security and defense forces," Shmyhal said.

Besides, Ukraine has already attracted 28 billion dollars in financial aid from partners this year, he added.

According to the Stockholm International Peace Research Institute, Ukraine's military expenditures reached about 44 billion dollars last year.

Related Articles

West Ham Co-Owner David Sullivan Accused of Sexual Exploitation

West Ham Co-Owner David Sullivan Accused of Sexual Exploitation

Kathmandu. West Ham United co-owner and billionaire businessman David Sullivan has been accused of sexually...
US President Donald Trump and Israeli PM Benjamin Netanyahu's Relationship Strained, Claims Former Diplomat

US President Donald Trump and Israeli PM Benjamin Netanyahu's Relationship Strained, Claims Former Diplomat

Tel abhi. A claim has been made that the mutual relationship between US President Donald...
Germany and France End Ambitious Fighter Jet Project

Germany and France End Ambitious Fighter Jet Project

Berlin. Leaders of Germany and France have decided to end one of Europe's most ambitious...
Global Armed Conflict Reaches Historic High in 2025, Norway Report States

Global Armed Conflict Reaches Historic High in 2025, Norway Report States

Norway. A new report from Norway shows that state-related armed conflict reached a historic high...
Trump Warns Netanyahu of Losing US Support Over Iran Attacks

Trump Warns Netanyahu of Losing US Support Over Iran Attacks

Washington DC. US President Donald Trump has warned Israeli Prime Minister Benjamin Netanyahu that Israel...
Philippines Earthquake Kills 31, Leaves 12 Missing

Philippines Earthquake Kills 31, Leaves 12 Missing

Manila. Provincial officials said at least 31 people were killed in a 7.8 magnitude earthquake...
WHO Launches $518 Million Regional Plan for Ebola Outbreak in DRC

WHO Launches $518 Million Regional Plan for Ebola Outbreak in DRC

Congo. The World Health Organization (WHO) has released a comprehensive regional plan of 518 million...
Israel Prepares for Prolonged Military Campaign Against Iran Amidst Escalating Tensions

Israel Prepares for Prolonged Military Campaign Against Iran Amidst Escalating Tensions

तेल अभिभ । इजरायलले इरानसँग कम्तीमा केही दिनसम्म लडाइँ जारी रहने सम्भावनालाई ध्यानमा राख्दै लामो...