ReferIndia News Ukraine's Bold Financial Maneuver: Record Defence Budget Boost

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Ukraine's Bold Financial Maneuver: Record Defence Budget Boost

Published on: June 10, 2026, 2:38 p.m. | Source: Devdiscourse

Ukrainian lawmakers have approved substantial amendments to the 2026 budget, allocating a record $97.2 billion for defense amid ongoing conflict. Funding was bolstered by a $34.7 billion increase, aided by a €90 billion EU loan. New tax laws, tied to IMF requirements, aim to expand Ukraine's fiscal base.

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