In 2018, the financing of defence and security of Ukraine plans to allocate RUB 163.3 billion UAH – NSDC

To Finance the sphere of defense and security of Ukraine in 2018 it is planned to allocate 163 billion 268 million. This decision was made by the national security Council and defense of Ukraine on 13 September, the press service of the NSDC.

156,9 billion UAH will be allocated from the General Fund budget, and 6.4 billion UAH – from the special.

According to the NSDC Secretary Oleksandr Turchynov, the important issue of financing of the sphere of defense and security of Ukraine will be to increase cash security of the Ukrainian military.

«The priorities of budget financing also defined the creation of new types of weapons and military equipment, in particular, the production of modern high-precision missile and artillery armament, armored vehicles, ammunition and precision weapons; implementation of the state target program for the development and production of ammunition and special chemistry products», – said Turchinov.

He added that attention will also be given combat training and military strengthening of the state border of Ukraine.

«In addition, given the security situation, the priorities will be the implementation of the state policy in the sphere of cybersecurity, the implementation of measures for the development and upgrading of special communication and protection of information; implementation of the national intelligence program for 2016-2020; strengthening counterintelligence protection and the fight against terrorism and subversive activity,» said Secretary of the NSDC.

Prime Minister of Ukraine Volodymyr Groysman on September 12 stated that the Cabinet of Ministers of September 15 to submit the draft budget for 2018 in the Verkhovna Rada.

The Verkhovna Rada of Ukraine December 21, 2016, the adopted state budget for 2017. The revenue budget was set in the amount of 721,4 billion UAH, expenses – 790,4 billion. On security and defence was allocated in the budget is 129.3 billion or 5% of GDP (in 2016 for these purposes has been allocated 120 billion).

July 13, the Verkhovna Rada adopted in the second reading the bill No. 6600, increasing budget revenues by 39.6 billion UAH, expenses – by 40.9 billion budget Deficit unchanged at UAH 77.7 billion by reducing the amount of loans from the state budget 1 billion UAH. On 1 August the President of Ukraine Petro Poroshenko has signed the law.

In 2018, the financing of defence and security of Ukraine plans to allocate RUB 163.3 billion UAH – NSDC 14.09.2017

Сентябрь 14th, 2017 by
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