Ukraine Defence Minister Seeks Early EU Loan to Cover $27 Billion Gap
Khmara said Ukraine will present a clear war plan as it seeks early access to part of a €45 billion EU loan.
- On Sunday, Ukrainian Defence Minister Yevhenii Khmara announced plans in Kyiv to lobby for early European Union loan disbursements to cover a $27 billion military budget deficit.
- Khmara replaced Mykhailo Fedorov last month as the war enters its fifth year, following rare wartime protests sparked by Fedorov's dismissal and the firing of the unpopular military chief.
- President Volodymyr Zelenskiy reported last week that spending exceeded initial projections, as Khmara pledged a "clear" vision for partners on resource allocation and war objectives.
- Swarms of high-speed drones have plagued Kyiv for four consecutive days, prompting the ministry to test four potential interceptors to counter Russian attacks.
- While Kyiv seeks to seize the initiative from Moscow through long-range strikes, the Defence Forces face critical shortages of manpower and air defences to fend off attacks.
23 Articles
23 Articles
Ukraine defence chief pledges 'clear' war plan to win early loan release
Ukraine's new defence minister pledged a "clear" vision for Kyiv's partners on how his country plans to fight Russia with more resources, in a bid to bring forward part of a European Union loan to help cover a $27 billion military budget deficit.
Ukraine Defence Chief Pledges ‘Clear’ War Plan to Unlock Early Loan
Ukraine’s new defence minister, Yevhenii Khmara, has promised to provide a clear plan to international partners on how Ukraine intends to fight Russia amid a significant military budget deficit of $27 billion. The Ukrainian government relies on foreign support, with the EU committing €90 billion in aid through 2027. Khmara aims to expedite part of […] The post Ukraine Defence Chief Pledges ‘Clear’ War Plan to Unlock Early Loan appeared first on …
Kraine will advance part of an EU loan that is otherwise earmarked for next year.
Defense Minister Yevhenii Khmara reported a deficit in Ukraine's defense funding of 27 billion dollars. Among the options are approximating part of the European loan and working with partners to increase contributions.
Ukraine defence chief pledges 'clear' war plan
Ukraine’s new defence minister pledged a “clear” vision for Kyiv’s partners on how his country plans to fight Russia with more resources, in a bid to bring forward part of a European Union loan to help cover a $27 billion military budget deficit. The Ukrainian government relies heavily on foreign funds to continue its war […] The post Ukraine defence chief pledges ‘clear’ war plan appeared first on Egyptian Gazette.
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