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money that Ukraine can use to buy new weapons, mostly from the United States but also elsewhere. The problem is that these need to be manufactured, so there is a long delay.
The Ukrainian government budgeted nearly $1.4 billion in 2024 to buy and develop weapons at home — 20 times more than before Russia’s full-scale invasion.
And in another major shift, a huge portion of weapons are now being bought from privately owned factories. They are sprouting up across the country and rapidly taking over an industry that had been dominated by state-owned companies.
apnews.com...#
Ukraine's growing arms sector thwarted by cash shortages and attacks
By Max Hunder
April 19, 20248:19 AM EDT
Owners say they have pumped in their own cash to survive and moved locations at their own expense to stay ahead of Russian intelligence. They are now urging the government to cut what they describe as excessive red tape around its arms purchases.
Several also want to be allowed to export, arguing that the government is unable to buy all of their output.
According to Ukraine's strategic industries minister Oleksandr Kamyshin, the potential annual output of the military-industrial complex now stands at $18-20 billion.
Ukraine's cash-strapped government can only fund about a third of that, the minister told Reuters in an interview. That compares with $120 billion of military aid received from allies throughout the war, most of it in equipment rather than cash.
apnews.com...#
originally posted by: Kurokage
a reply to: Lazy88
A lot of the money is used to spend on buying weapons with a chunk being bought from America with American money, which Ukraine will have to eventually pay back..
www.csis.org...
money that Ukraine can use to buy new weapons, mostly from the United States but also elsewhere. The problem is that these need to be manufactured, so there is a long delay.
"Ukraine says corrupt officials stole $40 million meant to buy arms for the war with Russia
apnews.com...
Ukraine was estimated to hold over 1.1 trillion cubic meters of natural gas reserves in 2004, ranking it 26th among the countries with proven gas reserves before Crimea was annexed. It is also estimated to hold over 135 million tons of oil and 3.7 billion tons of shale oil reserves. The country also has reserves of gas condensate of about 80,000 tons. The major field is the Dnieper-Donetsk which was discovered in the 1950s.
Ukraine holds the largest titanium reserve in Europe. There are 15 known deposits in different parts of the country, of which four are being explored. These deposits are situated in Kharkiv, Kiev, Donetsk, and Dnipropetrovsk regions. The country also has the largest uranium deposit in Europe and accounts for 1.8% of the world’s uranium deposit.
And that’s what is being reported? How much fraud not being reported?
China's ship-making capabilities are outpacing the U.S., report says
As things stand now, the size of the American Navy fleet is 292 ships. China's naval fleet totals 370 vessels and is expected to grow to about 435 warships by 2030.
www.13newsnow.com... 0
originally posted by: Kurokage
a reply to: Lazy88
And that’s what is being reported? How much fraud not being reported?
Please show a country that doesn't have a single corrupt official? I'll be waiting a very long time for proof of that, all the while Russia tops the charts for the most corrupt country over and over....
Where have Russia and the Ukraine historically ended up in the most corrupt countries list? How is support for the Ukraine strengthened the US defensive posture?
The USA Made a Lot of Money From WW2: Britain Only Settled Debts from WWII in 2006.
A statement released by the Treasury disclosed that by the 29th of December 2006, the United Kingdom would have settled all WWII debts owed to both the United States of America and Canada.
Settlement of these decades-old debts was meant to be achieved after 50 installments. After some delay, with payments kicking off in 1950, the 50th installment was paid on the last Friday of 2006.
We are dumping money in a little country arguably as corrupt as Russia to piss off the larger corrupt country Russia when we could have developed a stronger working relationship with.
originally posted by: Lazy88
originally posted by: BedevereTheWise
Billions to a country defending itself from invasion.
.
How does cash stop Putin. Care to detail how the cash flooding into the Ukraine is being turned into weapons, from who? What is that cash being spent on?