5 November, 2019
Budget of Ukraine’s Ministry of Defence in 2020 will be Record-High
Minister of Defence Andriy Zahorodnyuk informed that this money was supposed to help develop Ukraine’s Armed Forces. Law of Ukraine on State Budget for 2020 stipulates almost 246 bln UAH for national security and defence. It makes 5.45% of Ukraine’s GDP. Compared to the previous year, expenses due to this article have increased by almost 34 bln UAH. From this money, expenses of the Ministry of Defence will reach 117 bln UAH. The priorities to spend this money, according to Zahorodnyuk, will be renovation and development of infrastructure, procurement, modernization and repair of equipment, capacity building in correspondence with the criteria of NATO member countries. We honestly wish all the best to the Ministry of Defence in implementing its plans.