Canada To Allocate Funds To Assist Ukraine Within Five Years


(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 16. Canadianauthorities intend to supply Ukraine with lethal and non-lethalweapons worth 1.6 billion Canadian dollars ($1.16 billion) over thenext five years, Canada's proposed federal budget for the nextfiscal year (beginning April 1) says, Trend reports.

"Budget 2024 proposes $1.6 billion for Canada's Department ofNational Defense over five years, starting in 2024-25, to providelethal and non-lethal military assistance to Ukraine," the documentsays.

In addition, the Canadian authorities intend to provide Ukrainewith a loan of 2.4 billion Canadian dollars ($1.74 billion) throughthe International Monetary Fund (IMF) in 2024.

MENAFN17042024000187011040ID1108103755


Trend News Agency

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.