15.2 C
Sunday, May 26, 2024
HomeBalkansDenmark to Increase Aid to Ukraine in 2024

Denmark to Increase Aid to Ukraine in 2024


Related stories

UK’s Cameron praises progress in joint effort with Albania to stop illegal migration

TIRANA, Albania -- British Foreign Secretary David Cameron hailed progress...

The Internet eats their Young

London (20/5 - 20). One academic was asked about...

Russia: When troop levels are not enough?

Moscow 22/5 (57.14) According to NATO's top military official, Russia...

Attempted coup in the Democratic Republic of the Congo thwarted

Government forces in the Democratic Republic of the Congo...

Under a new financial aid package, Denmark aims to increase its aid to Ukraine and its eastern neighbors from 1.2 billion Danish kroner (DKK, 174.8 million U.S. dollars) to 1.5 billion Danish kroner, the country’s Ministry of Foreign Affairs said on Friday.

This would make Ukraine the largest recipient of Danish foreign aid for the second year in a row.

Denmark’s assistance would contribute to the provision of emergency aid for victims of the conflict and also for the early reconstruction of the country, according to Dan Jorgensen, minister for development cooperation and global climate policy.

The aid would be channeled through the Ukraine Foundation, which was established in 2023 to finance civil efforts in Ukraine and its eastern neighbors.

The aid is divided into two parts. Early recovery and reconstruction aid to Ukraine would total 1.2 billion Danish kroner, and regional efforts aid would be 306 million Danish kroner. (1 DKK = 0.15 U.S. dollar) 


- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories