Norway adopts five-year aid package for Ukraine worth over $7 billion
The Prime Minister of Norway, Jonas Har Støre, on the background of the address of the President of Ukraine, Volodymyr Zelenskyy (Photo:NTB/Terje Pedersen via REUTERS)
The Norwegian parliament approved a military aid package for Ukraine worth NOK 75 billion (about EUR 7 billion or $7.4 billion) on Feb. 16, reads a press release published on the Norwegian government’s official website.
Norway, one of the NATO states bordering Russia, will provide NOK 15 billion (about $1.5 billion) annually, taking into account the current needs, and Ukraine’s requirements will be regularly reassessed.
This year, NOK 7.5 billion ($730 million) will be allocated for civil needs, and the same amount will be spent on military aid. Oslo will also direct funds to humanitarian needs in Ukraine and neighboring countries for the maintenance and rebuilding of civilian infrastructure.
"In the current phase of the war, weapons support will be of critical importance in enabling Ukraine to regain control of its territory. In 2023, half of the assistance provided will be in the form of military support," Norwegian Prime Minister Jonas Gahr Støre said.
This is the largest aid package Norway has ever adopted for a single nation. Ukrainian President Volodymyr Zelenskyy thanked Norway via video link for its support, calling it a "historic contribution."
He said Norway has set a precedent for "sustainable support," news agency Reuters reported.
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