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Ukraine Needs $2.85 Bln in Defense Spending for 2013

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

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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