Business Standard

Ukraine spends $10 billion a month on conflict with Russia

The military conflict between Ukraine and Russia started on February 24.

Destroyed Russian armored vehicles are seen in the outskirts of Kyiv, Ukraine, Thursday, March 31, 2022.  (AP Photo/Rodrigo Abd)

Destroyed Russian armored vehicles are seen in the outskirts of Kyiv, Ukraine, Thursday, March 31, 2022.  (AP Photo/Rodrigo Abd)

IANS Kiev

Ukraine spends about $10 billion per month on the conflict with Russia, the presidential press service said.

"The Ukrainian state spends about $10 billion a month on hostilities," said a statement on the Ukrainian presidential website on Saturday, citing data from the Ministry of Finance.

Among Ukraine's sources of expenditure financing, the statement named the country's own tax revenues and assistance from Ukraine's international partners.

The military conflict between Ukraine and Russia started on February 24.

--IANS

int/khz/

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 03 2022 | 7:26 AM IST

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