The Aporia
The Straits Times. (2026, September 17). Ukraine plans record defence spending in 2027. The Straits Times. https://www.straitstimes.com/world/europe/ukraine-plans-record-defence-spending-in-2027
The Straits Times. “Ukraine plans record defence spending in 2027.” The Straits Times, 17 Sept. 2026, https://www.straitstimes.com/world/europe/ukraine-plans-record-defence-spending-in-2027.
The Straits Times. “Ukraine plans record defence spending in 2027.” The Straits Times, September 17, 2026. https://www.straitstimes.com/world/europe/ukraine-plans-record-defence-spending-in-2027.
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In September 2023, Ukrainian President Volodymyr Zelensky warned that Parliament would need to approve unpopular measures, including a tax on foreign parcels, to secure US$53 billion in additional foreign aid for the country's defense needs in 2027. Ukraine’s finance minister Sergiy Marchenko announced plans for the government to allocate two thirds of its budget towards defense spending in 2027 due to the ongoing war with Russia. The country has been relying more on international financial institutions like the International Monetary Fund and the World Bank as domestic resources have dwindled from Russia's four-and-a-half-year offensive, which has severely damaged Ukraine’s economy and infrastructure. Marchenko emphasized that security and defense remain the government’s top priority, requiring all available state resources to resist Russia's aggression effectively.