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Norway approves US$3.2 billion in aid to Ukraine for 2025

Thursday, 28 November 2024, 19:05
Norway approves US$3.2 billion in aid to Ukraine for 2025
Ukrainian and Norwegian flags. Photo: Getty Images

The Norwegian parliament on 28 November approved increasing support for Ukraine to NOK 35 billion (approximately US$3.16 billion) in 2025.

Source: European Pravda, citing NTB, a Norwegian news agency

Details: Initially, the Norwegian government allocated NOK 15 billion (approximately US$1.35 billion) in the state budget for Ukraine in the coming year, but the opposition deemed this insufficient.

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Following negotiations, the government and opposition agreed to raise the amount to NOK 30 billion (approximately US$2.7 billion), which was further increased after discussions on 28 November.

Quote from Norwegian PM Jonas Gahr Støre: "This is an important signal for Ukraine, which is enduring severe trials, and it sends a message to those attacking." 

Last year, Norway approved the Nansen Programme, allocating NOK 75 billion (approximately US$6.75 billion) for long-term support to Ukraine through 2027—equivalent to NOK 15 billion (approximately US$1.35 billion) annually.

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This year, the Norwegian government proposed increasing the programme’s funding to NOK 135 billion (approximately US$12.15 billion) and extending it for an additional three years, through 2030.

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