Zelensky Calls for Increase in Defense Spending

On Sep. 15, the Cabinet of Ministers submitted for the Verkhovna Rada’s consideration a draft state budget for 2020.

uatv.ua
08.10.2019
Photo from Government Portal

The draft state budget for 2020 envisages ₴245.8 billion ($9.9 billion) or 5.4 percent of GDP for national security and defense.

This is the largest amount that Ukraine’s ever allocated for defense, Ukrainian Finance Minister Oksana Markarova said during a briefing at the Cabinet of Ministers.

On Sep. 15, the Cabinet of Ministers submitted Ukraine’s 2020 draft budget for the Verkhovna Rada’s consideration.

Source UATV
date 08.10.2019
categories Economics
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