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    HomeEUCzech ammunition scheme for Kyiv faces funding shortfalls - NATO official

    Czech ammunition scheme for Kyiv faces funding shortfalls – NATO official

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    BRUSSELS, Feb 11 (Reuters) - ‌A Czech initiative sourcing ammunition for Ukraine ​aims to secure shells worth five billion euros ($5.95 billion) globally ⁠but has only managed to raise 1.4 billion euros so far, a senior NATO military official said on ​Wednesday.

    The programme, involving foreign donors including Germany, Denmark and the Netherlands ‌alongside Czech defence officials and arms companies, seeks to acquire large-calibre ammunition for Ukraine to reduce its disadvantage on ⁠the battlefield against Russia.

    In December, NATO's Ukraine ⁠mission, NSATU, projected the initiative would deliver 1.8 million artillery rounds in 2025, constituting 43% of all ammunition supplied to Kyiv, and roughly 70% of the legacy ‌Soviet calibre ammunition.

    The official, who spoke on condition of ⁠anonymity, noted 16 billion euros worth ‌of ammunition were available on the ​global market currently.

    NATO is targeting a five-billion-euro expenditure focused predominantly on acquiring hundreds of thousands of artillery shells ‌under the Czech scheme, the official ​said, adding that 1.4 ⁠billion euros had been committed by donors so ‌far.

    Last year, donors gave ⁠around $4.8 billion to pay for ammunition supplies under the programme, former Foreign Minister Jan Lipavsky said in December. The ​Czech contribution has ‌been up to 3 billion crowns ($145.15 million).

    ($1 = 0.8398 euros)

    ($1 = 20.6680 ⁠Czech crowns)

    (Reporting by Sabine ​Siebold in Brussels and Jan Lopatka in Prague; Editing ​by Benoit Van Overstraeten)

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