World

Ukraine can receive 100 billion dollars for the next 5 years

Two diplomats told POLITICO that NATO Secretary General Jens Stoltenberg will propose a five-year fund of $100 billion to Ukraine at the alliance's foreign ministers' meeting on Wednesday. The financial package will be part of a broader initiative to boost aid to Kyiv, as the debate on a $60 billion US military aid package has stalled in Congress.

One idea is for NATO's 32 members to contribute to a $100 billion fund in the same proportion as they contribute to NATO's overall budget, which is based on their gross national income. NATO countries hope to finalize the details of the proposals at a July summit of NATO leaders in Washington.