Eastern Europe News

Ukraine’s Military Is Back

Ukraine's Military is Back
Image by Ministry of Defense of Ukraine

It is indisputable that the main criterion for assessing the armed forces of any country is its ability to effectively perform tasks under wartime conditions. Nevertheless, the ability to use the defense budget as efficiently as possible can be an equally important way of assessment—when each unit of investment can achieve the greatest possible positive net effect. This approach is especially useful to understand the changes that have taken place in Ukraine’s armed forces since 2014.

Sweden Ready To Deploy Peacekeepers To Donbass

Since the start of confrontation with Russia, Ukraine’s defense spending has increased several times. In 2013, the budget of the armed forces of Ukraine was 15.2 billion hryvnia; in 2017, this figure was 64.4 billion hryvnia. In 2018, Ukraine has allocated a record 86.14 billion hryvnia for defense needs. However, such a spectacular growth looks less radical if you present the dynamics of the Ukrainian defense budget in dollar terms. Ukraine spent $1.9 billion on defense in 2013, $2.35 billion in 2017 and $3.02 billion in 2018. In dollar terms, the military’s budget has not seen a significant increase over the last four years…

To read more visit The National Interest

Related posts

Albania Remains On The Forefront In The War On Terror

Kozeta Çika

Hungary’s Orban Praises Italian Decision To Refuse Migrant Ship – “Finally!”

Tsarizm Staff

St. Petersburg Suicide Bomber Identified As 22-Year-Old Kyrgyz Native

3rd Party Article - See Author Below

Hungarian Foreign Minister Says It’s About Security Stupid, Not Hating Muslims

Tsarizm Staff

Russia Threatens Norway With ‘Consequences’ With Increased U.S. Marine Presence

Tsarizm Staff

IMF Says Ukraine Needs To Move On Privatization

Tsarizm Staff