"Ukrainians need our weapons": Denmark to increase military aid to Ukraine by $2.59bn

Denmark to increase military aid to Ukraine by $2.59bn

The Danish government will increase its contribution to the Ukraine Fund, created to provide military assistance to Kyiv. An additional 7.5 billion Danish kroner will be contributed to the fund, which is approximately USD 1.01 million.

This was stated by Prime Minister Mette Frederiksen in an interview with DR Nyheder.

"The war in Ukraine is in a very critical phase with a serious situation on the battlefield, so Ukraine needs all the support it can get," said Mette Frederiksen.

The Ukraine Fund was established in March this year, when the majority in the Danish Parliament agreed to contribute DKK 7 billion to the fund. Taking into account the fact that the government will now allocate another 7.5 billion, Denmark will send a total of DKK 14.5 billion, or $2.09 billion, to the fund this year.

Next year, the government plans to send another DKK 10.4 billion (approximately $1.4 billion) to the Ukraine Fund.

The money comes, according to Mette Frederiksen, from a "social fund".

"Right now, Ukrainians need our weapons and our support, so it's urgent. But there is nothing to suggest that next year will be a year of peace, so we are already putting more than ten billion into 2024," the Danish prime minister said.

Thus, in the near future, the fund will receive a total of more than 17.5 million Danish kroner, which is approximately USD 2.59 billion.

According to Frederiksen, new investments are needed because 70 per cent of the fund has already been used and it is about to be depleted.

The new investments are intended for military purposes.

"Ukrainians use a lot of weapons and ammunition every day, both light and heavy weapons, but the consumption on the battlefield is unfortunately very, very high because of the high level of aggression from the Russian side, and therefore more money is needed. Ukrainians cannot win without strong support from all allies, and that is why we are already choosing to invest more money in the Ukraine Fund," the Prime Minister said.

As reported by OBOZREVATEL:

Denmark will allocate a billion euros for Ukraine's recovery by the end of the year.

And the Caesar self-propelled artillery systems donated by Denmark have already been put on combat duty in Ukraine. The country has handed over all of its self-propelled artillery systems of this type to our Armed Forces.

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