All news

Ukrainian govt posts 25% increase of defense spending in 2015

"In 2015, the spending for defense and security went up 1.5 times (by 32.1 billion hrivnyas) and stands at the de facto 95.8 billion hrivnyas according to current estimates," the report said
Ukrainian Prime Minister Arseniy Yatsenyuk ITAR-TASS/Maxim Nikitin, archive
Ukrainian Prime Minister Arseniy Yatsenyuk
© ITAR-TASS/Maxim Nikitin, archive

MOSCOW, February 2. /TASS/. In 2015, Ukrainian government increased the spending for defense and security by a factor of 1.5 to an equivalent of $3.77 billion, says an annual report by the government that was published on Monday at the official website of the Verkhovna Rada.

"In 2015, the spending for defense and security went up 1.5 times (by 32.1 billion hrivnyas) and stands at the de facto 95.8 billion hrivnyas according to current estimates," the report said.

"Among other things, a total of 4,714 units of new and modernized units of weaponry and technologies for the Armed Forces," the document says.

As part of the current course at bringing the standards of the Ukrainian Armed Forces to conformity with NATO requirements, "the system of material support has been aligned with the NATO standards."

"The annual national programme of cooperation between NATO and Ukraine for 2015 was adopted an fulfilled."

"As many as 138 army drafting offices were formed within the system of drafting and training," the report said.

The Prime Minister is expected to do a personal presentation of the document to the Rada deputies from February 16 through to February 19.