Denmark will create a $1 billion fund to help Ukraine

Denmark’s government said on March 14, 2023, that it would set up a 7 billion Danish kroner ($1.01 billion) fund this year for military, civil, and business aid to Ukraine.

Source: The Minister of Foreign Affairs of Denmark Lars Lokke Rasmussen

“This is largely a reflection of the wishes Ukraine has, which in addition to the military and the humanitarian aid are now also about reconstruction,” informed the Foreign Minister of Denmark.

The fund was agreed by the majority of parties in the parliament, according to it, 5.4 billion Danish kroner will be allocated for military aid, 1.2 billion will be directed to civil aid, and 0.4 billion Danish kroner will be allocated to the efforts of Danish companies to restore Ukraine.

At the end of 2022, the Danish government and parliamentary parties agreed to allocate another 300 million Danish kroner (almost $43 million) for the purchase of weapons and equipment for Ukraine.

Also, on February 13, 2023, Denmark handed over all its self-propelled howitzers of the CAESAR type to Ukraine.

See also: Netherlands together with Germany and Denmark will provide Ukraine with about 100 Leopard tanks

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