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MUMBAI: Kotak Mahindra Bank on Saturday reported a 40% year-on-year

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Norway plans to raise financial support for Ukraine, prime minister says

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Ukrainian President Volodymyr Zelensky (2L) attends a Nordic summit meeting with leaders of the five Nordic nations, key backers in Kyiv’s fight against Russia’s invasion on December 13, 2023 in Oslo. 

Cornelius Poppe | Afp | Getty Images

The Norwegian government will soon ask that parliament increases its financial backing for Ukraine, Norway’s Prime Minister Jonas Gahr Stoere told public broadcaster NRK on Saturday.

“I can say today that we will go back to parliament in the near future with a proposal to increase the support,” Stoere told NRK.

Norway’s parliament late last year agreed to spend a total of 35 billion Norwegian crowns ($3.12 billion) on military and civilian support for Ukraine in 2025 and a total of 155 billion crowns in the years from 2023 to 2030.

Stoere will meet with European leaders and Ukrainian President Volodymyr Zelenskyy in London on Sunday.

Zelenskyy’s meeting with U.S. President Donald Trump ended in disaster on Friday, after the two leaders clashed in an extraordinary exchange before the world’s media at the White House over the war with Russia.



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