Germany Plans to Provide Ukraine with €5 Billion in Military Aid Annually until 2027 – Minister of Finance

Monday, 14 August 2023

German Finance Minister Christian Lindner announced during his visit to Kyiv on Monday the intention to provide Ukraine with €5 billion in military aid annually until 2027.

As reported by Forbes Ukraine, the head of the German Ministry of Finance clarified that the decision to allocate €5 billion for military support to Ukraine still needs to be approved by the German parliament.

He added that Berlin also provides humanitarian aid to Kyiv, supports Ukrainian internally displaced persons, and contributes to the International Monetary Fund. It goes towards supporting the Ukrainian economy.

Overall, according to Lindner, Germany's assistance to Ukraine since the the full-scale war has amounted to €22 billion.

"Right now, we are talking with Ukraine not as a donor country, but as a partner country," the German minister was quoted by Forbes Ukraine.

German Finance Minister Christian Lindner arrived in Kyiv on the morning of Monday, August 14. During his first visit to Kyiv since the start of Russia's full-scale invasion, he reassured Ukraine of continued support in its struggle against Russia.

In August, Germany announced the expansion of state guarantees for investments in Ukraine.

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