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Ukraine Needs $2.85 Bln in Defense Spending for 2013

Ukraine Needs $2.85 Bln in Defense Spending for 2013
22:49 28/09/2012
KIEV, September 28 (RIA Novosti)
Tags: budget, Volodymyr Mozharovskiy, Ukraine

Ukraine's Defense Ministry will need a $2.85 billion budget for 2013, Deputy Defense Minister Volodymyr Mozharovskiy said on Friday.

This is 1.35% of GDP, he added.

Most of the budget will go toward the organization and maintenance of the armed forces (71.8 percent), the development of arms and military equipment (21.3 percent) and military training programs (6.9 percent), he said.

 

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RIA NovostiUkraine Needs $2.85 Bln in Defense Spending for 2013Ukraine Needs $2.85 Bln in Defense Spending for 2013

22:49 28/09/2012 Ukraine's Defense Ministry will need a $2.85 billion budget for 2013, Deputy Defense Minister Volodymyr Mozharovskiy said on Friday.>>

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  • shanksinhawhats the rationale?
    01:07, 30/09/2012
    Ukraine is living off the investments made by USSR in defence factories on its territory. What is the need for a state like Ukraine for a bloated defence industry, if not to sell its ware to countries of questionable characteristics. They have failed to come up with any competitive product in the armament market. How long can they survive by reverse by beating the T-80 knockoffs?

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