Ukraine's defense minister names optimal option for funding country's defense needs by allies

The optimal way for European countries to provide military aid to Ukraine could be to allocate 0.25% of their GDP each, or to offer a loan secured by Russia's frozen assets, said Ukrainian Defense Minister Denys Shmyhal after the 31st Ramstein meeting.
Shmyhal noted that Ukraine has three key priorities, the first being the full implementation of the PURL initiative. The 2025 action plan must be fully executed.
"We rely on ongoing coordination and funding to ensure timely deliveries. PURL's needs next year will range from $12 to $20 billion," he said.
Ukraine's long-range capabilities
Shmyhal emphasized that Ukraine needs drones to hold the frontlines. Currently, four billion drones are required. However, by 2026, Ukraine could produce up to 10 million drones if funding is available.
"Our deep-strike drones and missiles allow us to respond asymmetrically to Russian attacks. According to our data, the enemy's gasoline shortage reaches up to 20%," the minister stated.
Shmyhal added that Ukraine needs more long-range artillery shells, and the focus should be on supplying these munitions. Ukraine also requires missiles for air defense, guided aviation missiles, and more to protect against Russian aerial attacks.
Optimal solution
Separately, the minister stressed that Ukraine requires funding for its defense needs. He called on partners to provide $60 billion, which is only half of the planned expenditures.
"The optimal way is for European partners to allocate at least 0.25% of their GDP for military aid to Ukraine. Another option is a loan using Russia's frozen assets," Shmyhal added, thanking partners for the support currently being provided.
Ramstein-31: key outcomes
On October 15, a Ramstein meeting was held in Belgium to discuss support for Ukraine. Germany officially announced it will provide Ukraine with new military aid worth over €2 billion.
Following the meeting, Denmark stated it will provide Ukraine with 1.1 billion kroner to support the training of Ukrainian troops, naval needs, and equipment maintenance.
Particular attention was given to US Defense Secretary Pete Hegseth's remarks, in which he warned Russia of major problems if the Kremlin refuses to end the war. Hegseth also urged NATO countries to take a more active role in the PURL program supporting Ukraine.