Turchynov announced the defence budget to 2018

Турчинов озвучил оборонный бюджет на 2018 год

Oleksandr Turchynov

The army in 2018 will give not less than 5% of GDP.

The total funding of the defense budget for the next year shall be not less than 162,7 billion. This was stated by Secretary of national security Council and defense of Ukraine Oleksandr Turchynov on the discussion of the defense budget of Ukraine to 2018, informs a press-Department service.

Turchynov stressed that the defence budget in 2018, “will be at least 5% of the gross domestic product.”

“In addition, the difference in this budget is the fact that its main funding will come from the General Fund, which will be about 156,4 billion. A special Fund will be formed solely on the basis of proposals of power ministries and departments and will be about 6.3 billion hryvnias, that is the total funding must be at least 162,7 billion hryvnia,” – said the NSDC Secretary.

He also added that when planning the budget it is necessary to consider the question of increasing financial support for the Ukrainian military.

Earlier it was reported that the NATO delegation plans to verify the Armed forces of Ukraine and to assess available resources.

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