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EUROPE UKRAINE NORWAY POLICY INDUSTRY LAND AIR

Norway Pledges $9.2 Billion Support Package to Ukraine for Fiscal Year 2027

REL_TIME: 24 Aug 2026 10:12Z · LANG: EN

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Norway Pledges $9.2 Billion Support Package to Ukraine for Fiscal Year 2027
White House Photographic Office (WHPO) - Thomas · Public domain · source
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Norwegian Prime Minister Jonas Gahr Støre announced an 85 billion Norwegian kroner ($9.2 billion) aid package for Ukraine for fiscal year 2027 during a visit to Kyiv with Nordic and Baltic leaders. The funding matches 2026 support levels under the multi-year Nansen Support Programme, allocating approximately $7.5 billion for military defense and $1.6 billion for humanitarian and reconstruction assistance. The announcement comes as fighting nears the 4.5-year mark, characterized by escalating drone campaigns targeting economic infrastructure and severe funding shortfalls reported by Ukrainian leadership.

// Background

As the Russia-Ukraine war grinds toward the 4-1/2-year mark, both sides are escalating drone campaigns targeting key economic infrastructure far beyond the frontlines. Ukraine faces severe financial pressure and relies on multi-year bilateral pledges such as Norway's Nansen Support Programme to sustain military operations and civil stability.

// Key Developments

  • Norway pledges 85 billion kroner ($9.2 billion) to Ukraine for 2027, matching its 2026 funding level.
  • The support package includes approximately $7.5 billion for military defense and $1.6 billion for humanitarian relief and reconstruction.
  • Norwegian Prime Minister Jonas Gahr Støre delivered the announcement during the Ukraine-Nordic-Baltic Eight (NB8) Summit in Kyiv.
  • Ukrainian President Volodymyr Zelenskyy noted an immediate $27 billion defense funding shortfall, urging faster EU loan disbursements.
  • Russian President Vladimir Putin warned of retaliatory strikes against Ukraine's economic sectors following drone attacks on Russian targets.

// Timeline

  1. Norway announces 3 billion Norwegian kroner (€268 million) to strengthen Ukraine's air defense.

  2. Russian President Vladimir Putin warns of retaliatory strikes against Ukraine's economic sectors.

  3. Norwegian Prime Minister Jonas Gahr Støre announces Norway's $9.2 billion 2027 support package at the NB8 Summit in Kyiv.

// Perspectives

[Norway]

Views long-term assistance to Ukraine as a strategic investment in European security supported across political parties in Parliament.

[Russia]

Condemns Ukrainian strikes on economic infrastructure as opening a 'Pandora's box' and vows retaliatory hits against Ukraine's sensitive economic sectors.

[Ukraine]

Relies on foreign assistance to fill a $27 billion shortfall while emphasizing urgent need for weapons and defense funding.

// Quotes

“Supporting and rebuilding Ukraine is not assistance alone. It is an investment in Europe's own security.”

[Jonas Gahr Støre] — Delivering a speech during a visit to Kyiv with Nordic and Baltic leaders.

“Norway's support will continue. Backed by all parties in Parliament. In 2027 we will maintain support at the same level as this year, approximately $9 billion.”

[Jonas Gahr Støre] — Announcing the 2027 multi-year support package.

“It will follow Ukrainian priorities. Ukraine defines the needs, and we do what we can to respond to them.”

[Jonas Gahr Støre] — Addressing how Norway's funding allocations will be prioritized.

“Kyiv had opened a 'Pandora's box' with its strikes on Russian economic targets and that Moscow would hit back at Ukraine's 'most sensitive economic sectors'.”

[Vladimir Putin] — Warning of retaliatory action in comments published on Saturday.
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