Ukraine to Allocate All Tax Revenues for Defense in 2024
In a recent announcement, the Prime Minister of Ukraine revealed the government's plan to allocate all tax revenues for defense purposes in the upcoming year. This decision comes amid ongoing threats from Russia and the need to strengthen the country's military-industrial complex. The Prime Minister stressed that despite economic hardships, the government recognizes the priority of protecting the territorial integrity and security of the state.
In the face of the current war, which intensifies tension and uncertainty, Ukraine aims to ensure maximum mobilization of resources to counter aggression. The Prime Minister highlighted that all collected funds would be directed towards acquiring modern equipment, improving training programs for military personnel, as well as supporting veterans and their families.
The position of the Ukrainian government on this issue is clear: the security of the country and its citizens is the top priority. To achieve this, authorities plan to optimize budget allocation to maximize funding for military needs and defense strategy. It is expected that such measures will not only strengthen defense capabilities but also boost the morale of the armed forces in combat conditions.
Additionally, the Prime Minister stated that there will be active cooperation with international partners to secure additional assistance and technology in the defense sector, making Ukrainian armed forces more effective and modern. This will not only enhance defense but also develop domestic production, as part of the funds will be spent on equipment procurement from local manufacturers.
Thus, the Ukrainian government demonstrates determination and readiness to strengthen defensive positions amidst military aggression, striving to ensure peace and security for all citizens.
