Norway will approve a five-year plan to support Ukraine.

Thursday, February 2, 2023
Norway will approve a five-year plan to support Ukraine.

The government of Norway, which previously allocated about $100M for Ukraine’s reconstruction, plans to approve a five-year, long-term support plan. It is assumed that billions of Norwegian kroner will be provided to Ukraine during these five years through a separate program. The amount for this year will be distributed equally between military and civilian support, including reconstruction. Oslo has not specified the amount of funds it will send yet, because they do not know what it should be – but they understand that Ukraine’s support will be exceptional in size and duration. It is noted that the program’s approval will allow Norway to meet the government’s goal established for Ukrainian aid spending in 2023 in the amount of 1% of GDP. The support program is planned to be presented next week.

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