Thursday, May 23, 2024

The Ukraine war will affect the revised national budget

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– What is happening in Ukraine now is very serious, emphasizes Prime Minister Jonas Gahr Støre. Photo: Stian Lysberg Solum / NTB

Of NTB | 29.04.2024 04:32:19

War and conflicts: The government is currently working on the proposal for a revised national budget. The details will be presented on 14 May, but Støre is already clear that the war in Ukraine will leave a clear mark on the priorities in the budget, writes Aftenposten.

– What is happening in Ukraine now is very serious. A lot is at stake, and the fighting is going on under increasingly strong Russian pressure. The situation has worsened over time. It is our responsibility to contribute, says Støre.

In the revised national budget, this will mean that support for Ukraine must be increased further.

The Prime Minister says that what can be called Ukraine-related expenses will be over NOK 50 billion in 2024. This includes both military and civilian support, as well as the reception of Ukrainian refugees here at home.

– There is money we could use for other things, but it is absolutely necessary to do this now, says Støre.

Before the weekend, NTB was informed that the increase in defense budgets is NOK 15 billion in the revised budget and in the budget for 2025, but the government has not stated how much of this will already come this year.

(© NTB)

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