Swiss Parliament approved a $5.5 billion aid plan for Ukraine

A Swiss parliamentary committee has voted to allocate 5 billion Swiss francs ($5.5 billion) to help Ukraine as part of a broader package of measures aimed at improving the defense capabilities of neutral Bern.

This was reported by Reuters.

Supported by lawmakers from the center-left and center-right parties, the upper house's security committee approved a package that includes 10.1 billion francs in additional funds for the army, along with the amount for Ukraine.

The plan, which still has to pass a number of parliamentary hurdles before it becomes law, was approved by 8 votes to 5, with right-wing parties opposing the deal.

In a statement, the parliament said that the multi-billion package was intended as an extraordinary contribution to Switzerland's security and "peace in Europe" in the wake of Russia's war against Ukraine.

Author – Anastasiya Glotova, 26/04/2024