#Military Spending

According to an estimate by the head of the Verkhovna Rada budget committee, in 2026 one day of war costs Ukraine $190 million in its own expenditures, excluding aid from allies. Over eight months, about $42 billion was spent on defense, while own resources amounted to only $39 billion.

Next week, a working IMF mission will begin its work in Ukraine: experts will assess the execution of the 2026 budget and the preparation of the budget for the following year against the backdrop of a $27 billion Defense Ministry shortfall.

On August 19, 2026, Japan proposed a record defense budget of 8.9 trillion yen (about 60 billion dollars). Through KCNA, Pyongyang called it 'preparation for war' and criticized the deployment of Tomahawk missiles.

📉 Russia's budget returned to a deficit in July 2026 due to rising military spending. 🛢️ Oil and gas revenues increased but do not offset costs. ⚔️ The war against Ukraine continues to impact the economy. #Russia #Budget #Economy