The Netherlands will allocate €4.4 billion for Ukraine over the next three years
Local authorities will also receive €715 million starting in 2026 to compensate for municipal budget deficits
The Government of the Netherlands has supported the spring memorandum on providing an additional €4.4 billion in military and humanitarian support to Ukraine for the period 2024-2026.
"Local authorities will structurally receive €715 million from 2026 to compensate for the deficit in municipal and local budgets so that their tasks and resources are better balanced. In 2028, the Ministry of Defence will receive an additional 500 million to strengthen air defence and ammunition for its own armed forces," the Dutch government website said on Monday, cited by Interfax-Ukraine.
In addition to the initial update of the 2024 budget memorandum, the spring memorandum also contains a multi-year picture of expenditures and key revenue characteristics for 2024 and beyond.
Dutch Finance Minister Van Weenberg sent the memorandum to the House of Representatives on Monday.
Background. Recently, it became known that the Netherlands has allocated €1 billion for military aid to Ukraine, as well as another €400 million for reconstruction.
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