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Denmark establishes $1 billion fund to support Ukraine, with most of money for military aid

The funds will also be used for reconstruction.

Denmark establishes $1 billion fund to support Ukraine, with most of money for military aid
Copenhagen
Photo: Copenhagen City Hall press service

The Danish government has announced the creation of a 7 billion kroner ($1.01 billion) fund for military, civilian, and business assistance to Ukraine. The majority of the fund - 5.4 billion kroner - will go to military aid, 1.2 billion to civilian aid, and the rest to Ukraine's reconstruction projects, Reuters reports.

"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," Denmark's Foreign Minister Lars Lokke Rasmussen told journalists.

The country has been providing strong support to Ukrainians throughout the full-scale invasion. Denmark donated all of its Caesar self-propelled guns to help Ukrainians fight the Russian occupation.

 

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