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We are in transition from “maintenance budget” to “development budget”

September 15, 2017
Today the Minister of Defence of Ukraine emphasized this during his working visit to the Lviv region
We are in transition from “maintenance budget” to “development budget”

“Following the meeting of the National Security and Defence Council it was decided that the preliminary budget for the Armed Forces of Ukraine for the next year will be UAH 83.3 billion, but this requires a further decision of the Government and the Verkhovna Rada of Ukraine”, - the Minister of Defence of Ukraine Stepan Poltorak said.

The head of the defence establishment emphasized that the Armed Forces of Ukraine will receive almost 20 billion hryvnias more in comparison with this year.

“The budget for the next year stipulates a two and a half times increase in the financial resources allocated for the development of weapons and equipment. We are transitioning from a “maintenance budget” to a “development budget”, - General of the Army of Ukraine Stepan Poltorak said.

According to the Minister of Defence of Ukraine, in the past most of the funds were spent on the maintenance of the Armed Forces of Ukraine.