Armed Forces’ funding will increase in 2012, President Viktor Yanukovych said during today’s presentation of the new Minister of Defense, ForUm learned from the presidential press office.

"Despite the fact that 2012 will be a difficult year for the national economy, we will increase funding for the Armed Forces and providing them with military equipment," said Viktor Yanukovych.

The President reminded that in recent years, the government has significantly increased its funding of the. "It was a difficult decision, as we have many other pressing problems, especially those social," Viktor Yanukovych said.

The President also said that the government has no right to forget about the military retirees, who have dedicated decades of their life to serving their state.

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