Denmark plans to increase its spending on military aid to Ukraine by 17.9 billion kroner ($2.59 billion) this year and next.
This was announced on Monday by the Prime Minister of Denmark, Mette Frederiksen, reports DR.dk.
"The war in Ukraine is now at a very critical moment, the situation on the battlefield is very serious, and therefore Ukraine needs all the support it can get," Frederiksen believes.
The fund, from which military aid to Ukraine is financed, was created in March, when the majority in the Danish parliament agreed to contribute 7 billion Danish kroner to it.
The government will allocate another DKK 7.5 billion to the fund this year, for a total of DKK 14.5 billion in the fund. And next year, the government will add another 10.4 billion Danish kroner to the fund.
According to the Prime Minister, the money comes from the "social fund".
"Ukrainians need our weapons and our support right now, so it's urgent. But there are no signs that next year will be the year of peace, so we are already allocating more than ten billion in 2024," the Prime Minister explained.
The need for new funds arose because 70% of the fund has already been used.
"The fund for Ukraine will soon be empty, because we are one of the countries that help Ukraine a lot, and that's why we decided to invest a large amount this year, but also next year, Denmark will be one of the countries that support Ukraine the most," says Frederiksen .
"Thanks to Folketing, the Danish government and the people of Denmark for the decision to increase the funding of the Ukraine Support Fund by $2.6 billion. This tangible contribution will further strengthen the combat capabilities of the Armed Forces of Ukraine in the short and medium term. Our strength is in unity!" - President Volodymyr Zelensky wrote on Twitter, commenting on the new aid from Denmark.