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Reuters
Reuters
Business
By Olena Harmash

Ukraine amends 2023 budget to channel more funds for defence

Ukraine Serhiy Marchenko Russia United States Kyiv
FILE PHOTO: Ukraine's Finance Minister Serhiy Marchenko speaks next to Ukrainian ambassador to the U.S. Oksana Markarova during a bilateral meeting with U.S. Treasury Secretary Janet Yellen (not pictured) at the U.S. Treasury Department in Washington, U.S. October 11, 2022. REUTERS/Jonathan Ernst

Ukrainian parliament voted on Tuesday to amend the 2023 state budget, raising spending by a record amount as Kyiv seeks additional funds for arms and military salaries following Russia's invasion.

Lawmakers voted to increase budget spending by 537.2 billion hryvnias ($14.7 billion) this year, the finance ministry said.

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