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Germany to allocate additional 12 billion euros for military aid

Mar 29, 2023

The Bundestag Budget Committee on Wednesday approved a request from the German Federal Ministries of Defense and Interior to allocate an additional 12 billion euros for military support to Ukraine.

This was reported by Reuters.

The additional funding includes 3.2 billion euros to be disbursed in 2023 and credit lines for the period from 2024 to 2032 worth about 8.8 billion euros.

"Thanks to this money, Ukraine will be able to buy weapons directly with the support of the German government. It is important to support Ukraine for as long as it is needed," the representatives of the German coalition government said in a statement to the Bundestag Budget Committee.

As reported, the German army will be able to start spending this money this year, with some funds allocated for the following years. It is not known exactly how and for what time period the 12 billion euros will be distributed.

According to the German Foreign Ministry, since the beginning of the full-scale Russian invasion, the German government has allocated more than 14.2 billion euros to support Ukraine, including 3 billion euros for military aid to Kyiv.

Author - Olena Madiak, 29/03/2023

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