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National Security and Defense Council of Ukraine
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HomeNewsOrganization of the National Security and Defense Council of Ukraine26.07.2016, 17:08

The NSDC started the preparation of the defense budget for 2017

Today, under the chairmanship of NSDC Secretary Oleksandr Turchynov and involving the heads of all power ministries and departments, as well as of the Ministry of Economic Development and Trade of Ukraine and the Ministry of Finance a meeting on the preparation of the defense budget for 2017 was held.

According to Mr. Turchynov, taking into consideration the threats facing the country, "we cannot reduce the volume of financing of the security and defense sector". "That is why, - he emphasized, - the requirement of the National security strategy concerning the financing of the defense and security sector in the amount of 5% GDP should be strictly fulfilled".

Moreover, the NSDC Secretary stressed the need to compensate for unsecured defense expenses this year "due to the unresolved issue in Parliament regarding the filling of the special fund at the account of the seized money of Yanukovych's allies".

 "Along with the draft budget for the next year, we have to work out the State defense order for 2017 opting for modern missile systems, powerful artillery systems, air defense facilities, electronic warfare and electronic intelligence, etc.", - Oleksandr Turchynov stated, adding that wages of the military men should be raised adjusted for inflation, and that "the status of the military profession should be maintained as of one of the most prestigious and important professions in the country".