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South Korea increases financial aid for Ukraine

South Korea increases financial aid for Ukraine

29/08/2023 06:51:40 World

South Korea unveiled on Tuesday financial aid of ₩52bn (US$394m) for Ukraine next year, an eightfold increase from this year, according to Reuters.

The aid package includes ₩130bn for reconstruction, ₩260bn in humanitarian aid and another ₩130bn through international organisations, according to South Korea’s 2024 budget.

In July, President Yoon Suk Yeol announced his country would provide a “large scale of military supplies” this year without giving more details.

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