Key facts
- Norway's proposed 2027 defense budget includes 85 billion Norwegian kroner ($8.89 billion) for Ukraine.
- The funds will be directed to the Nansen Support Program, increasing its total to 344 billion Norwegian kroner ($36 billion).
- Ukraine faces a 1.66 trillion hryvnias ($40 billion) budget shortfall for 2027.
- Norway recently contributed 90 million euros ($100 million) to the EU's Ukraine Facility.
The Norwegian government has proposed its 2027 defense budget, earmarking 85 billion Norwegian kroner (approximately $8.89 billion) in support for Ukraine. This significant contribution is intended to bolster Kyiv's finances as it faces a substantial budget shortfall for the upcoming year.
The funds will be channeled through the Nansen Support Program, named after Norwegian humanitarian Fridtjof Nansen. This program provides both military and financial assistance to Ukraine. With this latest pledge, the program's overall size will increase to 344 billion Norwegian kroner ($36 billion).
Norway's commitment comes at a time when Ukraine and the European Union are increasingly urging third countries to enhance their financial contributions. Ukraine's projected budget shortfall for 2027 stands at 1.66 trillion hryvnias ($40 billion).
In addition to the Nansen Support Program, Norway recently contributed 90 million euros ($100 million) to the EU's Ukraine Facility, which provides funds in exchange for Ukraine implementing key reforms. According to data from the Kiel Institute's Ukraine Support Tracker, Norway ranks as the ninth-largest donor to Ukraine by total allocations since the full-scale Russian invasion began.