The Ukraine Ministry of Digital Transformation has put out a report about how it spent the $54.6 million it got from the cryptocurrency community.
On August 17, the report was provided through a tweet by Mykhailo Fedorov, who is the Minister for Digital Transformation of Ukraine. According to the report, the majority of the expenses went toward aiding for the military conflict.
A more in-depth analysis of the specifics of the study reveals that Ukraine incurred the most expense in terms of supporting its various military initiatives, totaling more than $38 million.
As part of the military expenditures, $11.9 million was spent on the acquisition of UAVs, $7 million was spent on the acquisition of armored vests, $3.8 million was spent on field rations, $2.7 million was spent on military gear and accessories, and $1.7 million was spent on thermal imagers.
Expenses associated with medicine and military medical kits came to a total of $1.3 million and $1.2 million, respectively. In addition, the nation spent a total of $351,146 on the procurement of radio communication kits and $924,618 on communications devices.
The government has indicated that it would continue to give a comprehensive breakdown of the expenditure of each and every pound. Ukraine also set up United24, an English-language news site that gives real-time updates on how the conflict is going and weekly reports on how money is being spent.