5% of Ukrainian GDP to be spent on security bloc next year

5% of Ukrainian GDP to be spent on security bloc next year

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Ukrinform
The draft state budget of Ukraine for 2017 will stipulate the expenditure for the security bloc in the size it is provided for this year – at the level of 5% of GDP.

Ukrainian Finance Minister Oleksandr Danylyuk said this on the air of Channel 5.

"In 2017, we have the same priority approach. 5% of GDP are allocated for the security bloc, 3% of GDP are allocated for the defence" the Minister said.

Danylyuk noted that these costs are estimated at UAH 129 billion.

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