Sweden Allocates Over $7 Bln for Military Aid to Ukraine

Sweden has announced a new program to provide substantial military support to Ukraine, amounting to $7.02 billion over the next three years, covering the period from 2024 to 2026.

In an official statement, the Swedish government detailed the framework for this initiative, which was developed in collaboration with the Swedish Democrats.

The statement emphasized the commitment to enhancing Sweden’s support for Ukraine in the wake of ongoing conflict.

The program will allocate 75 billion Swedish kronor (about $7.02 billion) in military aid to Ukraine over three years, with an annual contribution of 25 billion kronor ($2.24 billion).

Furthermore, the statement highlighted that Sweden's total military and civilian aid to Ukraine will reach 100 billion kronor ($9.35 billion).

This includes both the supply of military equipment and financial contributions to purchase additional gear.

The Swedish government underscored that the rearmament within Sweden must proceed concurrently with the ongoing support for Ukraine.

This balance ensures that aiding Kyiv does not compromise Sweden's own defense capabilities or hinder the implementation of other critical reforms.

Earlier, Swedish Defense Minister Paul Jonson confirmed that Sweden does not currently plan to deploy military personnel to Ukraine.

However, he noted that Sweden would consider such options if proposals are received from NATO allies.