The Guardian: Britain too slow to spend money from Ukraine Support Fund

The UK has managed to spend less than half of the 900m pounds sent by various countries to the Ukraine Support Fund. This was reported by the British newspaper The Guardian.

According to the publication, the reason for such a slow spending of funds is bureaucratic delays.

It is said that the international Fund for Ukraine is managed by the United Kingdom, but has nine donor countries.

The publication explains that the purchase of military equipment also takes place through the Fund, but the procedure is too labour-intensive and time-consuming, as it is necessary to hold tenders and evaluate each bid from thousands of potential suppliers.

British ministers admit that due to the slow work of the scheme, some of the equipment bought with the Fund's money will not reach Ukraine before next spring," the authors reported.

According to The Guardian, the British authorities have secured most of the fund (500m pounds), with Denmark sending 144m pounds, Norway 119m, the Netherlands 110m, Sweden 26m, Australia 25m, Lithuania 5m, New Zealand 4m and Iceland 3m.