Currency
Ukraine has increased ammunition production: Prime Minister shares figures
Last year, Ukraine increased the production of mortar shells by 42 times and artillery shells by 2.5 times. In 2024, the government expects a "peak growth" in such production.
This was stated by Prime Minister Denys Shmyhal. According to him, this "will be facilitated by the deregulation that has already been carried out."
The Prime Minister said that Ukraine has established clear algorithms for the development and commissioning of such products. This will attract even more Ukrainian manufacturers to fulfill defense orders.
In addition, to coordinate the work of ministries, agencies and defense enterprises, the Cabinet of Ministers established the Industrial and Defense Committee of Ukraine. "Its first meeting has already taken place. There are no details here. We have made a number of important decisions," Shmyhal said.
In total, this year's defense resource is almost UAH 1.7 trillion, which is more than 22% of Ukraine's GDP. "The first goal is to grow the Ukrainian defense industry on the basis of innovation and technology. First of all, we are talking about the development of the Defense Tech cluster, scaling up the production of drones of various categories, electronic warfare and other means necessary for the front line," the Prime Minister said.
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