Canada to allocate funds to assist Ukraine within five years

Canada to allocate funds to assist Ukraine within five years

BAKU, Azerbaijan, April 18. Canadian authorities intend to supply Ukraine with lethal and non-lethal weapons worth 1.6 billion Canadian dollars ($1.16 billion) over the next five years, Canada's proposed federal budget for the next fiscal year (beginning April 1) says, TurkicWorld reports.

"Budget 2024 proposes $1.6 billion for Canada's Department of National Defense over five years, starting in 2024-25, to provide lethal and non-lethal military assistance to Ukraine," the document says.

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