Budget spending on defense to grow by almost UAH 11 bln this year

Budget spending on defense to grow by almost UAH 11 bln this year

The spending on the Defense Ministry in the state budget for 2019 is projected at UAH 102 billion or 2.6% of GDP, State Secretary of the Defense Ministry Oleksandr Dublian has stated.

“The Law of Ukraine ‘On the State Budget of Ukraine for 2019’ provides for UAH 102.5 billion for the Defense Ministry (2.6% of GDP), particularly: UAH 101.7 billion for the Defense Ministry and UAH 0.8 billion for the State Special Transport Service, which is part of the Defense Ministry’s system. Compared to 2018, the spending has been increased by UAH 10.9 billion, or 12%,” the Defense Ministry’s press service quoted Dublian as saying.

Among the priorities of financing, Dublian named an increase in the amount of financial support for the military, the provision of troops with modern weapons and equipment, and the logistical support for the military, primarily those participating in the Joint Force Operation.

He recalled that the state budget envisages the financial assistance to servicepersons in a total amount of UAH 49.6 billion.

Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: