President Poroshenko: UAH 9 bn allocated for design and purchase of military equipment in 2017

President Poroshenko: UAH 9 bn allocated for design and purchase of military equipment in 2017

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Ukrinform
It is planned to allocate about UAH 9 billion for design and purchase of new armament and military equipment for Ukrainian troops in 2017.

President of Ukraine Petro Poroshenko said this during the meeting with senior staff of the Armed Forces of Ukraine, an Ukrinform correspondent reports.

“This year, it is planned to allocate about UAH 9 billion for design and purchase of new armament and military equipment for the Ukrainian troops. Ukraine has never done this before. I instruct you, Mr. Minister of Defence, and other heads of law enforcement agencies to provide reliable and efficient control over the use of the financial resources allocated by the state in these difficult times," Poroshenko said.

According to the President, this defense order “is pretty modest in terms of global prices and expenditures of the aggressor. However, it is pretty tangible for the Ukrainian budget and Ukrainian taxpayers.”

According to the President, a priority for this year is the restoration of reliable air defense system, creation of a powerful missile shield of Ukraine, accumulation of combat potential of aviation, artillery, production of ammunition, development of telecommunication systems, automated systems of command and control and intelligence.

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