Defence expenses will total 5% of GDP in 2016 state budget

Defence expenses will total 5% of GDP in 2016 state budget

He said, "secondly, we will lose income we had from the National Bank, thirdly, we'll lose income from imports duty, fourthly, if this year we have foreseen UAH 24 bullion for subsidies, for 2016 it's twice as much, fifthly, we'll increase the income of the people. It costs UAH 12 billion this year alone, plus you can count [the figure] for next year."