By KYIV. Nov 24 (Interfax-Ukraine) – On Thursday, November 23, the Finnish government submitted to parliament a proposal to amend the draft budget for 2024, among other things, the proposal includes amendments regarding support for Ukraine, the government website reports.
An increase of EUR 95.7 million is proposed to the maximum amount of the Defence Forces’ UKR 2023 materiel procurement authorisation for 2024–2028. The proposal will cover the cost of materiel replacements resulting from the 19th materiel package granted to Ukraine. The increase in appropriations in 2024 would total EUR 20.7 million. With the increase, the maximum amount of the procurement authorisation would be EUR 1.451 million.
In addition, the government proposes to increase Finnfund’s capital by EUR 25 million, which will be used for investments and loans focused on Ukraine.
