Source claims OPEC and non-OPEC states finalizing results of meeting, agreement 'close'Business & Economy December 10, 17:07
Bloomberg: Non-OPEC states agree to cut oil production by more than 600,000 barrelsBusiness & Economy December 10, 16:22
More than 20 states that produce more than half of world's oil take part in OPEC meetingBusiness & Economy December 10, 13:05
Russian energy minister Novak sees 'no risk' OPEC agreement failsBusiness & Economy December 10, 12:43
Defense ministry organizes mass escape for Aleppo civilians via humanitarian corridorsWorld December 10, 12:38
Almost 18,000 civilians evacuated from areas of Aleppo controlled by militantsWorld December 10, 7:41
Russian swimmers win 11 sets of medals at FINA World Swimming Championships (25 m)Sport December 10, 7:00
Shiveluch volcano in Russia’s Far East spews ash to 11 km in airWorld December 10, 5:28
Ceasefire agreements enter into force near Damascus, in Idlib province ― mediaWorld December 10, 4:18
“We proceed from the principle that Ukraine should become a military state,” Dmytro Shymkiv said during the discussion of reforms under the Strategy 2020 program.
The Strategy 2020 program, unveiled last week by President Petro Poroshenko, envisages an increase in the country’s military spending from 1% of gross domestic product (GDP) in 2014 to 5% of GDP in 2020.
“The number of servicemen in Ukraine will be increased from 2.8 to 7 people per 1,000 citizens,” Shymkiv said.
The Ukrainian president earlier said the strategy of the country’s development until the year 2020 envisages around 60 reforms which “should be launched almost simultaneously.”
The long-term state program envisages a major overhaul of the country’s governmental machinery by 70% and a flow of direct foreign investment to reach $40 billion in the period 2015-2020.
The strategic indicators determine that Ukraine is to enter the list of top 20 countries best for business (now 99th on the Forbes list) and its GDP per capita to climb to $16,000 (now $8,500).
Poroshenko said he expects to get 1 billion euros of extra macro-financial aid from the European Union and a further $1 billion in financial guarantees from the United States.