KIEV, August 11. /TASS/. Ukrainian President Petro Poroshenko has signed a law under which defense spending in the Ukrainian budget for this year will be increased by 5.3 billion hryvnias ($250 million), the press service of the Ukrainian parliament reports.
Under the law, an additional 5.299 billion hryvnias (about $241 million at the current exchange rate) will be allocated additionally to finance the military operation in Ukraine’s troubled Donbas.
A total of 5.14 billion hryvnias ($233.7 million) is channeled to finance immediate needs of the Defense Ministry as mobilization in Ukraine continues. Besides, 158.7 million hrivnias ($7.2 million) will go to finance nutrition needs of other power wielding agencies.
The Verkhovna Rada (parliament) passed this law on July 17.