Ukraine will spend 3% of GDP on defence in 2020, totalling UAH 135.5 billion (USD 5.5 billion), Defence Minister Andriy Zahorodniuk said during the presentation of the draft budget on 5 November.
He informed that the draft Law of Ukraine “On the State Budget of Ukraine for 2020” provides UAH 245.8 billion (USD 10 billion) for national security and defence expenditures which is 5.45% of GDP and meets the requirements of strategic planning documents. These expenditures have increased by 33.8 billion or 16% compared to 2019 (UAH 212.0 billion) and to be directed to:
UAH 135,5 billion for defence;
UAH 110,3 billion for security.
— The planned budget of the Ministry of Defence should become the largest since the independence and together with the budgets for the Defence Intelligence Directorate (UAH 3.5 billion), the State Special Transport Service (UAH 1.4 billion) and state guarantees (UAH 9 billion) should comprise UAH 130 billion, Andriy Zahorodniuk said.
