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Mobilisation will cost Ukraine extra US$13.4 billion – Zelenskyy

Tuesday, 19 December 2023, 18:48
Mobilisation will cost Ukraine extra US$13.4 billion – Zelenskyy
Volodymyr Zelenskyy. photo: OFFICE OF THE PRESIDENT OF UKRAINE

The mobilisation of an additional 450,000-500,000 people will cost Ukraine UAH 500 billion (about US$13.4 billion).

Source: Zelenskyy at his end-of-year press conference

Details: Zelenskyy said that at a previous meeting, the military had proposed that an additional 450,000-500,000 people be mobilised, but this issue is currently being worked on.

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Describing the figure as "very significant", Zelenskyy said he had told the Staff that he needed more arguments to support the move because "it is a matter of people, fairness, defence capability and finances". He also raised the issue of demobilising part of the army that has been defending Ukraine since the full-scale war began.

Quote: "Mobilisation in this format will cost Ukraine an additional UAH 500 billion. So as the President of Ukraine, as someone who spends a lot of my time sourcing financial support for Ukraine, I would like to hear from the Prime Minister and the Minister of Finance regarding where the money will come from."

Reminder: Ukrainian military officials proposed at a recent meeting of the Supreme Commander-in-Chief's Staff that an extra 450,000-500,000 people should be mobilised, but the issue is still being worked on, Zelenskyy said.

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