Portuguese aid to Ukraine in 2024 will exceed EUR220 million, Portuguese Prime Minister Luiz Montenegro announced in Washington, DC, where he is attending the 2024 NATO Summit.
According to the Portuguese government’s website, the same amount of aid will be allocated in 2025.
The prime minister said he had committed to presenting at the summit Portugal’s plan to reach 2% of GDP in defense, security and investment spending in 2029, which will amount to EUR6 billion. As part of this investment in security and defense, “a large-scale financial contribution to the international coalition, to military, humanitarian, political and economic assistance to Ukraine is also envisaged,” he added.
In addition, Montenegro noted that investments “in the attraction and retention of human capital, as well as in the development of military careers” will be increased.
