Koretsky, Norwegian finance minister discuss Ukraine's unfunded 2027 needs, war risk insurance
During a meeting with Norwegian Finance Minister Jens Stoltenberg, Ukrainian Prime Minister Serhiy Koretsky discussed Ukraine's financial needs for 2027, specifically a budget and defense funding shortfall of EUR 70 billion, as well as Norway's involvement in establishing a war risk insurance fund.
Ukrainian Prime Minister Serhiy Koretsky met with Norwegian Finance Minister Jens Stoltenberg to discuss Ukraine's financial needs for 2027, which amount to EUR 70 billion, including EUR 30 billion for budgetary support and EUR 40 billion for the Defense Forces' off-budget requirements. The pair also explored Norway's potential involvement in establishing a war risk insurance fund, with Koretsky inviting Norway to be a key contributor and encouraging Norwegian businesses to invest in Ukraine.
Norway has pledged to provide approximately EUR 9 billion to Ukraine in 2027 through the Nansen Program, which the prime minister expressed gratitude for.
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