In a recent announcement, Ukrainian Prime Minister Denys Shmyhal revealed that the country’s defense sector currently employs 300,000 people. This statement was made through his Telegram channel.
Shmyhal further stated that there are currently over 500 production facilities operating in the defense sector, with a workforce of 300,000 employees.
Previously, it was reported that the Ukrainian Cabinet of Ministers had decided to reduce the number of vacancies for government officials by 2024. According to Shmyhal, the number of job announcements will decrease by nearly 20,000. The Prime Minister clarified that this change will take effect from January 1st of the following year.
Shmyhal explained that the modification of the wage payment system and the reduction in job vacancies will allow Kyiv to save over $210 million from the state budget. It is expected that these funds will be directed towards the needs of the army and ensuring the country’s security.
At the same time, the Ukrainian Prime Minister promised to index pensions for citizens. The increase in pension payments is scheduled to take place in March of next year, as mandated by legislation.
Furthermore, Shmyhal drew attention to the country’s plans to request over $37 billion in external financing from foreign partners. Currently, Kyiv has agreements with several international institutions and 11 foreign countries, according to the head of the government.
Previously, Ukraine announced the implementation of tax hikes and the abolition of tax benefits in order to replenish the budget.
This announcement comes as Ukraine continues to navigate its security challenges, particularly in the ongoing conflict in eastern Ukraine against Russian-backed separatists. The reduction of job vacancies in the defense sector and the allocation of funds from the state budget signify the government’s commitment to strengthening its military capabilities and ensuring the safety of the country. Additionally, the indexing of pensions and the pursuit of external financing demonstrate efforts to address domestic social and economic concerns.
