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Ukrainian Cabinet redirected 125 million budget for defense

Ukrainian Cabinet redirected 125 million budget for defenseThis amount will be used for projects to produce new defense products and modernize already existing ones as well as to purchase equipment.

The Cabinet of Ministers of Ukraine redirected UAH 125 million of budget funds allocated to the Ministry of Economic Development and Trade of Ukraine, to boost the defense capacity, according to the order №754, published on the website of the government.

The Ministry of Economic Development and Trade has been commissioned to coordinate the money redistribution with the Verkhovna Rada of Ukraine, the Finance Ministry is to amend the State Budget.
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