Ukraine's Ministry for Economic Development and Trade plans to channel UAH 2.34 billion, or US$83.5 million, into programs for the development of the defense industry in 2018.
This amount is stipulated in the national budget for 2018, which was posted on the Ukrainian parliament's website.
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As UNIAN reported, the Defense Ministry's budget in 2018 is set at a record high level of UAH 86 billion, or about US$3 billion.
Since 2016, the Economic Development and Trade Ministry has been authorized to place state orders for the development of production capacities of the defense complex.