KYIV: Ukraine’s parliament amended the 2024 budget on Wednesday, raising defense spending by an additional 500 billion hryvnias ($12 billion) as the war against Russia rages on after nearly 31 months.
Yaroslav Zheleznyak, a lawmaker from the Holos party, said total budget spending for this year had been increased to a record 3.73 trillion hryvnias ($90 billion).
As Ukrainian troops defend more than 1,000 km (620 miles)of front lines, demand for ammunition and weapons is growing and more money is required. Ukraine has also increased the pace of mobilization and needs more funds to pay soldiers’ wages.
Ukraine spends most of its state revenues on funding the national defense effort, and relies on financial aid from its Western partners to be able to fund pensions, public sector wages and other social spending. The finance ministry said that total budget spending was up by nearly 11 percent, reaching 2.1 trillion hryvnias in the first eight months of the year.
The spending included about 965.8 billion hryvnias on soldiers’ wages, ammunition, equipment and other military needs, it said in a statement.
To raise additional funds for the army for the rest of the year, the government plans to increase taxes and will borrow more from the domestic debt market, the finance ministry said.
Kyiv has also agreed a deal to restructure over $20 billion of international debt, saving about $11.4 billion over the next three years.
The government plans to increase a war tax paid by residents to 5 percent from the current 1.5 percent, and will introduce additional war-related taxes for individual entrepreneurs and small businesses. It has already increased some import and fuel duties.
Parliament has given its initial approval to the planned tax hikes and is expected to vote for the bill in the final reading later this month or in early October.
Tax changes are expected to bring about 58 billion hryvnias to the budget this year and about 137 billion next year, officials have said.
Ukraine amends 2024 budget to channel more funds for defense
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Ukraine amends 2024 budget to channel more funds for defense
- Ukraine spends most of its state revenues on funding the national defense effort
- The government plans to increase a war tax paid by residents to 5% from the current 1.5%
South Korean opposition threatens to impeach Han over martial law counsel
- Prime Minister Han Duck-soo took over from the suspended Yoon Suk Yeol, who was impeached on Dec. 14
- Yoon accused of hampering the Constitutional Court trial by repeatedly refusing to accept court documents
Prime Minister Han has taken over from the suspended Yoon, who was impeached on Dec. 14 and faces a Constitutional Court review on whether to oust him.
With a majority in parliament, the opposition Democratic Party passed a bill this month to appoint a special counsel to pursue charges of insurrection, among others, against the conservative Yoon and to investigate his wife over a luxury bag scandal and other allegations.
The party, which has accused Han of aiding Yoon’s martial law attempt and reported him to police, said it would “immediately initiate impeachment proceedings” against the acting president if the legislation was not promulgated by Tuesday.
“The delays show that the prime minister has no intention of complying with the constitution, and it is tantamount to admitting that he is acting as a proxy for the insurgent,” Democratic Party floor leader Park Chan-dae told a party meeting, referring to Yoon.
Han is a technocrat who has held leadership roles in South Korean politics for 30 years under conservative and liberal presidents. Yoon appointed him prime minister in 2022.
Han’s office could not immediately be reached for comment. He has previously said he had tried to block Yoon’s martial law declaration, but apologized for failing to do so.
Park also accused Yoon of hampering the Constitutional Court trial by repeatedly refusing to accept court documents.
“Any delay in the investigation and impeachment trials is an extension of the insurrection and an act of plotting a second one,” Park said.
A joint investigative team including police and the Corruption Investigation Office for High-ranking Officials has made a second attempt to call Yoon in for questioning on Dec. 25, though it was unclear whether he would appear.
Woo Jong-soo, investigation chief of the national police agency, told parliament on Monday that police had tried to raid Yoon’s office twice but the presidential security service denied them entry. Woo said his team sent a request to preserve evidence, including a secure phone server.
India, Kuwait upgrade ties to strategic partnership on Modi visit
- Modi awarded Order of Mubarak Al-Kabeer for strengthening Kuwait-India relations
- India, Kuwait leaders discussed cooperation in pharmaceuticals, IT, security
NEW DELHI: India and Kuwait upgraded bilateral ties to a strategic partnership on Sunday as their leaders eye stronger cooperation in “key sectors” ranging from pharmaceuticals to security.
Indian Prime Minister Narendra Modi signed a strategic partnership agreement with Emir of Kuwait Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah during his trip to the Gulf state, the first visit by an Indian leader in 43 years.
“We have elevated our partnership to a strategic one and I am optimistic that our friendship will flourish even more in the times to come,” Modi said in a statement.
“We discussed cooperation in key sectors like pharmaceuticals, IT, fintech, infrastructure and security.”
During the trip, the Kuwaiti emir presented Modi with the Order of Mubarak Al-Kabeer for his efforts in strengthening Kuwait-India relations.
The order is the highest civilian honor in Kuwait and is bestowed upon leaders and heads of state.
The emir said India was a “valued partner” in the country and the Gulf region and that he “looked forward” to India playing a greater role in the realization of Kuwait Vision 2035, according to a statement issued by the Indian Ministry of External Affairs.
The newly upgraded ties will open up “further cooperation in sectors such as defense … with the Kuwaiti armed forces,” especially the navy, said Kabir Taneja, a deputy director and fellow with the strategic studies program at the Observer Research Foundation in New Delhi.
Their closer cooperation in major sectors will also “further India’s economy-first agenda,” he added.
“Pharmaceuticals, for example, is a point of strength of Indian manufacturing and can contribute to further building the sector in states such as Kuwait,” Taneja told Arab News.
India’s pharmaceutical exports have been growing in recent years, and the country was the third-largest drugmaker by volume in 2023.
Delhi is also among Kuwait’s top trade partners, with bilateral trade valued at around $10.4 billion in 2023-24.
Taneja said India-Kuwait ties are also likely to strengthen through the Indian diaspora, the largest expatriate community in the Gulf state.
Over 1 million Indian nationals live and work in Kuwait, making up about 21 percent of its 4.3 million population and 30 percent of its workforce.
“(The) Indian diaspora has been part of the Kuwaiti story for a long time,” Taneja said, adding that strengthening ties between the two countries will allow India, through its diaspora, to unlock “deeper economic cooperation potential.”
Philippine military says will acquire US Typhon missile system
- The US Army deployed the mid-range missile system in the northern Philippines earlier this year
- It decided to leave it there despite criticism by Beijing that it was destabilizing to Asia
MANILA: The Philippine military said Monday it plans to acquire the US Typhon missile system to protect its maritime interests, some of which overlap with regional power China.
The US Army deployed the mid-range missile system in the northern Philippines earlier this year for annual joint military exercises with its longtime ally, but decided to leave it there despite criticism by Beijing that it was destabilizing to Asia.
Since then, it has been used by Philippine forces to train for its operation.
“It is planned to be acquired because we see its feasibility and its functionality in our concept of archipelagic defense implementation,” Philippine Army chief Lt. General Roy Galido told a news conference.
“I’m happy to report to our fellow countrymen that your army is developing this capability for the interest of protecting our sovereignty,” he said, adding the total number to be acquired would depend on “economics.”
As a rule, it takes at least two or more years for the Philippine military to acquire a new weapons system from the planning stage, Galido said, adding it was not yet budgeted for 2025.
The land-based “mid-range capability” missile launcher, developed by US firm Lockheed Martin for the US Army, has a range of 480 kilometers, though a longer-range version is in development.
The presence of the US missile system on Philippine soil had angered Beijing, whose forces have engaged in escalating confrontations in recent months with the Philippines over disputed reefs and waters in the South China Sea.
Chinese Defense Minister Dong Jun warned in June that the Typhon deployment was “severely damaging regional security and stability.”
Seven dead in small plane crash in western Mexico
- The aircraft, a Cessna 207, was flying from La Parota in the neighboring state of Michoacan
MEXICO CITY: At least seven people died when a light aircraft crashed Sunday in a heavily forested area of Jalisco in western Mexico, local authorities reported.
The aircraft, a Cessna 207, was flying from La Parota in the neighboring state of Michoacan.
Jalisco Civil Protection said via its social media that the crash site was in an area that was difficult to access.
Initial authorities on the scene “reported a preliminary count of seven people dead,” who haven’t been identified yet, according to the agency.
“A fire was extinguished and risk mitigation was carried out to prevent possible additional damage,” it added.
Authorities said they were awaiting the arrival of forensic investigators to remove the bodies and rule out the presence of additional victims.
Canada’s Trudeau losing support within his party: MPs
- Ottawa area MP Chandra Arya: Dozens of Liberal MPs want the prime minister to go
- Trudeau has huddled with advisers to contemplate his future ahead of elections set for October 2025
OTTAWA: Canadian Prime Minister Justin Trudeau’s support within his own party appeared to falter further on Sunday, as former loyalists said growing numbers of Liberal caucus members wanted the premier to resign.
Trudeau has suffered a series of blows in recent days, spurred by the surprise resignation of Deputy Prime Minister Chrystia Freeland, who clashed with her boss over incoming US president Donald Trump’s threats to impose 25 percent tariffs on Canadian imports.
Freeland’s exit, after nearly a decade at Trudeau’s side, marked the first open dissent against the prime minister from within his cabinet and has emboldened critics.
Ottawa area MP Chandra Arya told the public broadcaster CBC on Sunday that dozens of Liberal MPs wanted Trudeau to go.
Arya was interviewed a day after Liberal MPs from the province of Ontario held a meeting that addressed Trudeau’s future.
Multiple outlets, including the CBC and Toronto Star, reported that more than 50 of the 75 Ontario Liberals in parliament declared in Saturday’s meeting that they no longer supported Trudeau.
Asked about those reports, Arya said a “majority of the caucus thinks it is time for the prime minister to step aside.”
Anthony Housefather, a Liberal member of parliament from the province of Quebec, told the CBC on Sunday that “the prime minister needs to go.”
“We’re in an impossible situation if he stays,” Housefather said, arguing the party would be hammered in an election that amounted to a referendum on Trudeau’s leadership.
Trudeau has huddled with advisers to contemplate his future ahead of elections set for October 2025 but expected much sooner. He changed a third of his cabinet on Friday.
Jagmeet Singh, the leader of the small leftist New Democratic Party in parliament, declared Friday that he would join with other opposition parties to topple Trudeau’s minority government early next year.
The NDP had previously opposed a series of non-confidence votes brought by the opposition Conservatives.
A change in the party’s position would almost certainly bring down Trudeau’s government if another non-confidence vote is held.
Trudeau swept to power in 2015 and led the Liberals to two more ballot box victories in 2019 and 2021.
But he now trails his main rival, Conservative Pierre Poilievre, by 20 points in public opinion polls.
