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                        THURSDAY, MARCH 28, 2024
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Ukraine to spend 5.95% of GDP on defense sector in 2022, NSDC suggests
Journal Staff Report

KYIV, Sept 19 - The National Security and Defense Council of Ukraine (NSDC) at a meeting on September 17 adopted proposals to the bill on the state budget for 2022 on the items related to ensuring the national security and defense of Ukraine, NSDC Secretary Oleksiy Danilov has said.

"Despite the difficult financial situation, when all ministries and departments need additional funding, the president of Ukraine decided to increase funding for the security and defense sector compared to 2021. If in 2021 this sector was funded in the amount of 5.93% of GDP, then in 2022 this figure will be increased and approved at the level of 5.95% of GDP, which should amount to UAH 319.4 billion," Danilov said at a briefing after the meeting.




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