You're reading: Poroshenko enacts NSDC decision on additional funding of security and defense sector

President of Ukraine Petro Poroshenko has signed decree No. 183/2017 dated July 11, on the additional funding of the security and defense sector, the presidential press service has reported.

“Enact the decision of the National Security and Defense Council of Ukraine dated July 10, 2017 ‘On urgent measures to finance the needs of national security and defense of Ukraine in 2017,'” the decree reads.

NSDC Secretary Oleksandr Turchynov is responsible for monitoring the implementation of the NSDC’s decision.

The decision of the National Security and Defense Council “On Urgent measures to finance the needs of national security and defense of Ukraine in 2017” states that the Cabinet of Ministers of Ukraine must table proposals to the Verkhovna Rada as regards to the draft law of Ukraine “On Amending the Law of Ukraine” on the State Budget of Ukraine for 2017″ (register No. 6600 dated June 21, 2017), which is being prepared for the second reading, to foresee additional budget allocations.

As reported, the NSDC decided at a meeting on July 10 to recommend that the government finance the needs of the security and defense sector in the amount of about Hr 9 billion in 2017.

Turchynov specified later that the total amount of the additional funding included about Hr 3 billion from the general fund of the national budget and Hr 6 billion from its special fund.