Ukraine needs at least $120 billion for defence next year, minister says

FILE PHOTO: Ukraine's Prime Minister Denys Shmyhal holds a press conference in Kyiv
FILE PHOTO: Ukraine's Prime Minister Denys Shmyhal attends a press conference, amid Russia's attack on Ukraine, in Kyiv, Ukraine, March 4, 2025. REUTERS/Alina Smutko/File Photo
Source: REUTERS

Ukraine will need at least $120 billion for defence spending next year, Ukrainian Defence Minister Denys Shmyhal said on Tuesday.

Negotiations are ongoing with NATO and EU members as Ukraine seeks $60 billion in funding from partners, he added in a statement on the Telegram messaging app.

This article was produced by Reuters news agency. It has not been edited by Global South World.