Ukraine plans to reduce armed forces by April
Ukraine president proposes army reduction to reduce 2012 budget expenditures
September 20, 2011 11:29 am EDT
Politics, Defense, Armed Forces, Politics, State Budget And Tax, Public Finance
The Ukrainian parliament on Tuesday passed a law to downsize the country’s armed forces by April next year.
Some 256 deputies in the 450-seat chamber favored President Viktor Yanukovych’s bill that would cut the total armed forces strength to 184,000 from the current 192,000.
Yanukovych’s proposal is part of his plans to reduce expenditures of the 2012 state budget and optimize the command and control system. However, experts charged that the cut was too small.
The Ministry of Defense is mulling a 20 percent cut over the next five years.
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