Xinhua news agency quoted lawmaker Yaroslav Zheleznyak as saying that Wednesday's vote cast 298 votes in favor, more than the required minimum of 226.

With this amount, Ukraine's spending on defense will reach 3.73 trillion hryvnia (about $90 billion) in 2024, Zheleznyak wrote on Telegram.

According to MP Rosolana Pidlassa, Ukraine will raise additional funds for military needs from increased taxes and additional placement of domestic government debt bonds, among other sources.

Last year, Ukraine spent about $64 billion on defense, or about 40.5 percent of its GDP.