This decision, reached during the February 2 meeting, saw 388 members of the ruling coalition vote in favor, with 279 against. The overall budget allows for expenditures up to €476.81 billion, with net borrowings capped at €39.03 billion. The Bundesrat is expected to promptly endorse the Bundestag's decision. This budget approval comes after a delay caused by a Federal Constitutional Court ruling in November 2023, which identified a significant financial gap due to restrictions on using funds from the Economic Stabilization Fund. The revised budget underwent intense debate over four days, with discussions for each ministry and department. This financial plan underlines Germany's ongoing commitment to support Ukraine amidst its conflict, including plans for 2024 to supply air defense systems, tanks, ammunition, and, notably, six Sea King Mk41 multipurpose helicopters with spare parts starting the second quarter of 2024.
Bundestag Approves 2024 State Budget Including €7.6 Billion in Military Aid for Ukraine
Friday, February 2, 2024
The German Bundestag has passed the 2024 state budget, which allocates approximately €7.6 billion for military aid to Ukraine
You will be interested
Thursday, May 12, 2022
The Armed Forces of Ukraine Are Pushing the Enemies Out of Ukraine
In the Kharkiv region, the army of Ukraine, one after another, liberates settlements from occupation and expels enemies to the Ukrainian border
Monday, May 23, 2022
“Vladimir Putin Senses a Conspiracy Everywhere”
On May 21, the ex-ambassador of Germany to Russia gave an interview about Putin and his war against Ukraine and the world
Once a week we send a digest with the most popular articles
No spam, we promise
Thank you for subscribing