Ukraine will increase its budget spending for military modernization next year by 64 percent to about 445 million U.S. dollars, local media reported Wednesday, citing the data from the Defence Ministry. "The funds will go for the development of weapons and military equipment," Dmytro Gutsulyak, a spokesman for the Defence Ministry, was quoted as saying.
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Ukraine plans to spend up to $445 million in 2017 to modernize its armed forces
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