NATO Secretary General Jens Stoltenberg is canceling plans for a five-year, $100 billion fund for military aid to Ukraine after encountering resistance from alliance members. He is now asking countries to maintain their current contributions, reports
Bloomberg.
According to a new proposal that may be supported by NATO defense ministers when they gather in Brussels next week, allies will commit to spending at least $43 billion annually on assistance to Ukraine, sources told the publication.
This corresponds to the average annual contribution since Russia's full-scale invasion of Ukraine in 2022.
NATO will determine each country's contribution targets based on a percentage of their gross domestic product, and then likely publish the overall figures in an annual report.
According to the sources, the goal is to provide greater transparency about what allies are providing to Ukraine while gently pressuring those members who are not fulfilling their commitments.
The US will account for about half of the aid, with the remaining provided by the other 31 alliance members.
