Sweden plans $7 bln military support frame for Ukraine in 2024-2026

YEREVAN, MAY 22, ARMENPRESS. The Swedish government has agreed with its support party on a framework for additional military support to Ukraine totalling 75 billion crowns ($7.01 billion) over three years, Reuters reports citing the government statement.

"To strengthen the Swedish support to Ukraine, and increase the long-term perspective, the government and the Sweden Democrats have agreed to introduce a framework for the military support to Ukraine for the years 2024–2026," Swedish government said in a statement.

The 75 billion crowns will be equally divided over the three years. Including the proposed addition, Sweden's total planned military and other support to Ukraine will amount to over 100 billion crowns, it said.

According to Reuters, the statement said military support under the new framework could include donations of defence equipment, financial contributions and financial support for the procurement of defence gear.

"The framework may burden the public finances for several years and even after 2026," it said.