Norway approves EUR 3.1B in aid to Ukraine for next year

This was reported on the government website, Ukrinform reports.

"Norway stands firm in its support to Ukraine. (…) It is crucial for Ukraine that our support is sustained across multiple years, and that there is broad pitical agreement behind it. We want the pele of Ukraine to know that Norway’s support will continue," said Prime Minister Jonas Gahr Støre.

In 2025, the funding for the support program will amount to at least 35 billion Norwegian kroner (EUR 3.1 billion). Of this sum, 22.5 billion Norwegian kroner (EUR 1.9 billion) will be allocated to military support, and 12.5 billion Norwegian kroner (EUR 1.1 billion) to humanitarian and civilian support.

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

The support program will be extended until 2030. The total amount of funding will be increased to at least 154.5 billion Norwegian kroner for the duration of the program.

The Norwegian government added that it is in dialogue with Ukraine on how best to direct the assistance provided.

“Support to Ukraine is to be used in areas where it is needed the most. When it comes to military support, we will give priority to providing support to the Ukrainian defense industry. The Russian regime is bombing Ukraine’s power infrastructure, and we will also provide funding for efforts to secure adequate access to electricity for the Ukrainian pulation,” the Prime Minister said.

Read also: Nordic-Baltic states assure of increased support for Ukraine in “coming months”

The support will be provided under the Nansen Support Program for Ukraine, which was first launched on February 16, 2023. At the time of launch, the program provided for the allocation of 75 billion Norwegian kroner over a five-year period from 2023 to 2027, with the payment of 15 billion kroner each year.

Since the launch of the support program, the annual financial framework has increased several times. In 2024, the support amounted to 27 billion Norwegian kroner.

As Ukrinform reported earlier, Ukraine will receive in December EUR 2 million in grant funding from the governments of Norway and Germany to support the energy sustainability of micro and small businesses.