Ukraine continues to purchase war bonds: another UAH 1.8 billion in defense investments

The Government of Ukraine has approved a plan for the Asset Recovery and Management Agency (ARMA) to purchase domestic government bonds called "Military Bonds" for a total of UAH 1.8 billion.

This information was provided by the ARMA press service, emphasizing that in July-October 2023, the Agency purchased twice as many bonds as in the entire previous year.

"In total, since February 24, 2022, when ARMA began to initiate the purchase of military bonds, the amount of these bonds purchased is approximately UAH 3.7 billion," the statement said.

This decision demonstrates the government's growing interest in supporting the defense industry, which is key to ensuring Ukraine's national security and military readiness in the face of geopolitical threats.

Military bonds are one of the instruments used to raise funds for military needs and implement defense projects. By purchasing them, the government supports the development and modernization of the Armed Forces of Ukraine, equipment for military units, and the implementation of other strategic defense measures.

Increased investment in defense demonstrates Ukraine's determination to improve its defense capabilities and prepare its security forces to respond to any threats from potential aggressors.

The Asset Recovery and Management Agency continues to actively contribute to providing the country with financial resources to strengthen national security, in particular by raising capital for the purchase of bonds that are important for national defense.