Kyiv needs approximately €120 billion a year in military aid for Ukraine to win the war, says Kusti Salm, Permanent Secretary of the Estonian Ministry of Defense.

Estonia has proposed a financing plan for Ukraine. They are considering borrowing on the financial markets or from national budgets. Estonia is currently seeking more than 100 billion euros to achieve this goal.

"If the 50-plus countries that are part of the Ramstein coalition, which provides military support to Ukraine, spent 0.25% of their GDP, it would amount to more than 120 billion euros a year. With this amount by 2025, Ukraine will reach a level where it will be able to impose resistance on Russia," Salm said.

He mentioned that even if this amount of money starts coming to the budgets now, its impact will take almost a year.

"It will take about nine more months for the supplies to reach the level necessary for Ukraine to convincingly reach this level of depletion," emphasized the Permanent Secretary of the Estonian Ministry of
Defense.