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Poroshenko introduces NSDC's decision on allocation of five percent of GDP in 2019 for defense sector

The President signed the order on Friday, September 14
09:19, 15 September 2018

Presidential Administration press office

Ukrainian President Petro Poroshenko signed a decree by which introduced the decision of the National Security and Defense Council of Ukraine on the allocation of five percent of GDP in 2019 for the needs of the defense sector. The website of the Presidential Administration reports.  

'In accordance with the Art. 107 of Ukrainian Constitution, President Petro Poroshenko signed a decree by which introduced the decision of the National Security and Defense Council of Ukraine from September 6, 2018 "On proposals to the draft law of Ukraine "On Governmental budget of Ukraine for 2019" on articles related to national security and defense of Ukraine,' reads the message. 

Related: MPs budget $7.5 billion for defense in 2019

According to the document, the Cabinet of Ministers of Ukraine should provide in the budget for 2019 for the costs of the National Security and Defense of Ukraine in the amount of more than the amount of the expenses provided for 2018 in percent from the gross domestic product. 

Also, the increase of the cash security of servicemen, enlisted and commanding structure and police should be provided by at least 30 percent taking into account the minimum amount of cash security of enlisted of the State Emergency Service and police - in the amount of more than $320; the first-year contract enlisted - in the amount of more than $350.

Related: Cabinet of Ministers endorses draft budget for 2019

Other expenses provide considering the growth of GDP in relation to the previous year (10%).  

Moreover,  the next year, the Cabinet of Ministers should ensure the priority financing of the activities of the security sector and defense sector in priority areas - developing, preparation of manufacturing and acquisitions of new weapons and military equipment, in particular, modern high-precision missile armament (guided missile system, including cruise missiles), artillery armament, armored vehicles, ammunition, high-precision weapons and specialty chemicals, arrangement of experimental and test ranges for testing munitions.

Related: U.S. could send Ukraine more lethal weaponry, - Volker

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