https://sputnikglobe.com/20231004/norway-to-increase-defense-budget-by-20-in-2024---finance-minister-1113917115.html
Norway to Increase Defense Budget by 20% in 2024 - Finance Minister
Norway to Increase Defense Budget by 20% in 2024 - Finance Minister
Sputnik International
Norway will increase defense budget by approximately 20% in 2024 compared to the current year's budget, Norwegian Finance Minister Trygve Slagsvold Vedum said in an interview, published on Wednesday.
2023-10-04T11:31+0000
2023-10-04T11:31+0000
2023-10-04T11:31+0000
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"We are a allocating a total of 90.8 million kroner [$8.29 million] for next year's defense budget ... This makes the defense budget in 2024 about 20% more ... than the adopted for the current year," the newspaper quoted the minister as saying. The newspaper also cited Norwegian Prime Minister Jonas Gahr Store as saying that the additional money will be used for military support for Ukraine as well as improving Norway's defense capabilities. The newspaper reported that Vedum was talking about NATO's program obliging members to use a minimum of 2% of GDP for defense, which Norway promised to do at the organization's summit in Vilnius in July.
https://sputnikglobe.com/20230914/norways-armed-forces-chief-says-nato-running-short-of-ammunition-1113379605.html
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defense budget, norway will increase defense budget, norwegian finance minister
defense budget, norway will increase defense budget, norwegian finance minister
Norway to Increase Defense Budget by 20% in 2024 - Finance Minister
MOSCOW (Sputnik) - Norway will increase defense budget by approximately 20% in 2024 compared to the current year's budget, Norwegian Finance Minister Trygve Slagsvold Vedum said in an interview, published on Wednesday.
"We are a allocating a total of 90.8 million kroner [$8.29 million] for next year's defense budget ... This makes the defense budget in 2024 about 20% more ... than the adopted for the current year," the newspaper quoted the minister as saying.
The newspaper also cited Norwegian Prime Minister Jonas Gahr Store as saying that the additional money will be used for
military support for Ukraine as well as improving Norway's defense capabilities.
"With this budget we aim to reach 1.8% of GDP next year ... By doing that, we are ahead of the plan, according to which we should reach 2% in 2026," the finance minister added.
14 September 2023, 18:35 GMT
The newspaper reported that Vedum was talking about NATO's program obliging members to use a minimum of 2% of GDP for defense, which Norway promised to do at the organization's summit in Vilnius in July.
