Ukrainian President Petro Poroshenko. © RIA Novosti. Микола Лазаренко

Ukraine's Poroshenko Vows $3 Billion for Military -- Voice of America

Ukrainian President Petro Poroshenko has vowed to increase military spending by $3 billion over the next few years because of the ongoing pro-Russian separatist threat in the east of Ukraine.

Poroshenko made the comment Sunday in Kyiv during a speech marking Independence Day, 23 years after the breakup of the Soviet Union.

He told a crowd of thousands gathered in Independence Square to view a military parade that it is clear the separatist threat will "hang over Ukraine" for the foreseeable future, and the country must be prepared to defend itself.

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More News On The Ukraine Military To Receive $3 Billion

Ukraine plans $3 billion boost to defense spending -- AP
Ukraine conflict: Poroshenko boosts military spending -- BBC
Poroshenko to Allocate $3Bln For Ukrainian Army Rearmament -- RIA Novosti

My Comment: For a country that is broke .... you have to wonder where they are going to get the money. Oh yeah .... IMF and Western aid money .... now we know where it is going.