Norway greenlights increase in aid to Ukraine to almost US$8bn this year
The Norwegian government discussed and approved an increase in assistance to Ukraine by NOK 50 billion (US$4.6 billion) for 2025, bringing the total to NOK 85 billion (US$7.8 billion), during a meeting on 4 April.
Source: Norway's Finance Minister Jens Stoltenberg, as reported by European Pravda, citing Norwegian public broadcaster NRK
Details: Stoltenberg noted that the Norwegian government has approved a support package totalling NOK 50 billion in addition to the previous NOK 35 billion aid.
This brings the total amount of funding to support Ukraine this year to NOK 85 billion.
"We are tripling our military support," the minister stated, noting that the funds will be allocated abroad, ensuring no strain on the Norwegian economy.
Background:
In early March, the Norwegian parliament, the Storting, backed the funding increase to support Ukraine.
Earlier, Oslo approved the NOK 75 billion (about US$7 billion) Nansen programme, which guarantees long-term support for Ukraine until 2027, providing NOK 15 billion (about US$1.4 billion) annually.
However, this year, Norwegian authorities proposed increasing the programme's funding to €135 billion and extending it for another three years until 2030.
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