Poroshenko: Funding of state defense order grows by 37% in 2018, to over $730 mln

Ukrainian President Petro Poroshenko says that the funding of the state defense order has grown by 37% in 2018 against 2017, to over UAH 21 billion (US$732.5 million).

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"I think it vividly describes the distance our country has passed since 2014-2015. In 2018, the funding of the state defense order exceeds UAH 21 billion," he said at a meeting of the National Security and Defense Council (NSDC) on January 17.

Read alsoJavelin deliveries for Ukraine to be funded by U.S. - Poroshenko"This also features the priorities that I as president and commander-in-chief, the parliament and the government demonstrate to beef up our state's defense capacity," Poroshenko said.

In his words, Ukraine has started to gradually switch from repairs to broken legacy equipment to the production of different types of military hardware.

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