Norway to boost 2025 Ukraine aid budget to $2.7 billion

Nation

26 November 2024, 09:03 PM

The Norwegian government has proposed increasing aid to Ukraine in 2025 to at least NOK 30 billion ($2.7 billion), Norwegian public broadcaster NRK reported on Nov. 26. 

In 2024, Norway allocated NOK 27 billion to Ukraine, but the initial 2025 budget draft reduced the amount to NOK 15 billion. The Conservative Party, currently in opposition, urged boosting the figure to at least NOK 45 billion.

According to the report, the government met with parliamentary leaders to discuss the matter. After the meeting, Norwegian PM Jonas Gahr Støre announced a compromise — NOK 30 billion.

Besides security assistance, the government plans to shore up Ukraine’s battered power grid. The new draft budget will now be discussed and debated by Norwegian MPs, with a final agreement expected on Nov. 28.

“We believe that the situation in Ukraine demands even greater efforts than the government has put forward,” said Erna Solberg, the leader of Norway’s parliamentary opposition.

“We suggested that NOK 45 billion is the appropriate amount as it stands today. We are also open to the idea that more may need to be spent. The most important thing is that it has an effect in Ukraine.”

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