Norway to Increase Defense Budget by 20% in 2024 - Finance Minister
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. | The newspaper [VG.no] 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.
■ Budsjett-hopp for Forsvaret: Får 15 milliarder ekstra i 2024 (VG.no)