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Reports indicate that the Ukrainian government plans to increase its defense budget by 40% by 2028, in response to escalating security threats, especially with expectations of further escalation in the region until 2031. It is believed that the additional funding will support the modernization of the armed forces and military capabilities, with approximately $4.5 billion allocated for this purpose. This increase in funding is part of a long-term strategic plan to strengthen defensive capabilities and implement extensive military upgrades through to 2031.
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