Norway plans to allocate $2.7B for assistance to Ukraine in 2025

Norway plans to allocate $2.7B for assistance to Ukraine in 2025

Ukrinform
Norway plans to raise fiscal support for Ukraine in 2025 to nearly $2.7 billion, according to the country’s prime minister Jonas Gahr Stoere.

That is according to The Guardian, Ukrinform reports.

“Norway has agreed to raise its planned fiscal support for Ukraine next year to 30 billion crowns ($2.7 billion) from 27 billion crowns this year, the prime minister said, reversing an earlier proposal to cut the spending.

It is noted that the minority centre-left government had last month proposed allocating just 15 billion crowns to Ukraine in 2025, triggering criticism from opposition parties.

Read also: Norway allocates almost EUR 43M to boost Ukraine’s defense industry

As reported by Ukrinform, in September, the Norwegian government extended the period of annual assistance to Ukraine until 2030 and intended to allocate an additional $475 million (5 billion crowns) annually for this purpose.

In October, the Norwegian government approved a EUR 6.4 million aid package for Ukraine.

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