7 HOURS AGO
Pentagon overcounts value of military aid to Ukraine by $6.2bn
The US overestimated the value of weapons it sent to Ukraine by $6.2bn, an accounting error that means the US has more funding available to aid Kyiv’s counteroffensive.
The Pentagon had previously said it overvalued the weapons by at least $3bn but updated that figure on Tuesday after further review.
Final calculations show that there was an error of $3.6bn in fiscal year 2023 and $2.6bn in fiscal year 2022, which ended September 30.
Pentagon spokeswoman Sabrina Singh said the US would use the funds in future aid packages for Ukraine. Washington has committed some $34bn in assistance to Ukraine since Russia invaded in 2022.
May 19, 2023
Pentagon Says It Accidentally Overvalued US Military Aid to Ukraine by $3 Billion
Military aid, including weapons and ammunition, sent by the United States to Ukraine was overestimated by at least $3 billion owing to an accounting mistake by the Pentagon, Defense Department officials have said. "During our regular oversight process of presidential ...
0:006:21
No comments:
Post a Comment