Denmark establishes $1 billion fund for military, civilian and business aid to Ukraine

Denmark’s government will establish a fund of $1.01 billion for military, civilian and business aid to Ukraine this year, Reuters reports.

The fund, which was agreed upon by a broad majority of parties in parliament, will allocate most of the money — $700 million — toward military aid. “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.

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