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Norway increases its support to Ukraine

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Staff writer ▼ | May 14, 2015
Norway is increasing its support to Ukraine by NOK 70 million ($9.5 million), bringing the total for 2015 so far up to NOK 310 million ($42.1 million).
Erna Solberg
Help   The Ukrainian authorities have asked for support
This funding will support efforts in the areas of good governance and democracy, energy sector reform, trade facilitation and European integration.

These are areas where the Ukrainian authorities have asked for support and cooperation, and for which Prime Minister Erna Solberg launched a support package when she visited Ukraine in November.

Some of the funding will be in the form of direct budget support to promote economic stability, in close cooperation with the World Bank and the International Monetary Fund.

The conflict in eastern Ukraine has created major humanitarian challenges, with more than 1.2 million registered internally displaced people and over 800 000 people who have fled to neighbouring countries.


 

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