Photo: Frode Overland Andersen/UD.Photo: Frode Overland Andersen/UD

Government’s proposed FY2016 budget: Important priorities in Europe

Last updated: 08.10.2015 // The Norwegian Government’s proposed fiscal budget for 2016 was presented on October 7. The government aims to increase spendings to support Ukraine and in humanitarian aid, and will continue to give high priority to Norway’s interests and responsibilities in the Arctic.

Historic increase in humanitarian aid

‘The Government is proposing the largest humanitarian budget ever. Acute, large-scale crises in the Middle East and Africa make this concerted effort necessary. Norway’s humanitarian budget is being increased by one billion kroner,’ said Foreign Minister Børge Brende.

The proposed aid budget totals NOK 33.6 billion and is equivalent to 1 % of estimated gross national income (GNI) for 2016. This is an increase of NOK 575 million. Norway is one of three OECD-countries that have met the target of spending 1 % of GNI on aid (the other two are Sweden and Luxembourg).

The war in Syria has led to an humanitarian disaster. More than 7.5 million Syrians are internally displaced, and over 4 million have fled to neighbouring countries. Two-thirds of the Syrian people are in need of humanitarian aid. Since 2011, Norway has been one of the largest humanitarian donors; in 2015, we are the second largest per capita donor of humanitarian assistance to the victims of the conflict in Syria.

Read the press release here.

Norway to increase support to Ukraine by NOK 80 million

‘Ukraine has shown genuine willingness to implement far-reaching reforms and pursue European integration. This is a bold choice and the right choice, and deserves our continued support. The Government therefore proposes to increase support to Ukraine by NOK 80 million. With this increase, Norway’s support to Ukraine in 2016 will total approximately NOK 390 million,’ Foreign Minister Børge Brende said.

The funding will be used to strengthen the comprehensive reform process the Ukrainian Government has initiated. The main priorities for Norway’s support are judicial reform and good governance, energy sector reform and efficiency, improving the country’s competitiveness, and strengthening the private sector and entrepreneurship. In addition, there will be funding for work on behalf of internally displaced persons from eastern Ukraine and Crimea.

Read the press release here.

Norway’s activities in the Arctic

‘The Arctic is Norway’s most important foreign policy priority. The Government will continue to give high priority to Norway’s efforts in the Arctic in 2016,’ said Minister of Foreign Affairs Børge Brende.

The budget proposes an allocation of around NOK 3 billion to measures in the following five priority areas: international cooperation, knowledge development, business development, infrastructure, and emergency preparedness and environmental protection.

Read the press release here.

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