9 billion on defense: Poroshenko enacted NSDC decision

The President of Ukraine Petro Poroshenko enacted the decision of the Council of national security and defense Council (NSDC) on additional financing needs of national security and defense. The decree was published a press-service of the President.

The President instructed the government to submit to Parliament a proposal to increase the expenditures of the General Fund of the state budget for 2017 on security and defense in the amount of 9.5 billion UAH (UAH 3.5 billion from the General Fund and 6 billion UAH from the special Fund of the state budget).

In particular, 1 billion must go for the purchase of weapons and military equipment, the 1.4 billion – for the purchase and manufacture of ammunition, and another 1 billion for construction of housing for servicemen.

Modern weapons and military equipment needs to allocate 600 million UAH: perform development work on the development of a new missile – 300 million UAH, and another 300 million for the supply of armored BM “Oplot”.

We will remind, Turchynov proposed to increase spending on defense and security for nine billion hryvnias.