Ukraine plans to spend 43.8% of its GDP on defense in 2027
Ukraineβs parliament has approved in a first reading a 2027 state budget that sets aside 4.885 trillion hryvnias (about $107.5 billion) for security and defense, equal to 43.8% of the countryβs projected gross domestic product. The Verkhovna Rada passed draft budget No. 16000 on Oct. 28 with 239 votes in favor, 25 against and 26 [β¦]