Ukrainian Weapons Fund Has Spent Less Than 10% of Its Cash

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Ukrainian Weapons Fund Has Spent Less Than 10% of Its Cash
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But almost a year after it was established, the U.K. government has only signed six contracts worth about $82 million, according to The Times.

haven’t been spent because of delays impacting a fund created by the British Defense Ministry, according to a report. The International Fund for Ukraine, which was set up as a “low-bureaucracy” aid effort alongside several other European countries to supply weapons to

“at pace” is worth around $986 million. But almost a year after it was established, the U.K. government has only signed six contracts worth about $82 million, according to. “It hasn’t been as fast as we would have liked,” a government source told the newspaper. “There’s been hundreds of bids from different companies and not all of them have been serious.

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