Norwegian long term plan on defence presented by Government 5 April 2024 - Photo:Credit: Torbjørn Kjosvold / Ministry of Defence.
The Norwegian Government is proposing to parliament a historic increase in defence spending with 600 billion kroner over the next 12 years, from this year to 2036 (approx. 60 billion USD). Credit: Torbjørn Kjosvold / Ministry of Defence.

New Norwegian Long Term Plan on Defence presented

The Norwegian Government is proposing to parliament a historic increase in defence spending with NOK 600 billion over the next 12 years, from this year to 2036. It is a historic boost for the Armed Forces.

All services of the Norwegian Armed Forces will be strengthened, with more personnel and new capabilities.

‘Providing security for the people of Norway is the Government’s most fundamental task. We need a defence that is fit for purpose in the emerging security environment. This plan represents a historic boost in defence spending, and involves a significant strengthening of all branches of the Armed Forces’, said Prime Minister Jonas Gahr Støre.

The Norwegian Government propose to spend a total of NOK 1624 billion on Norway’s defence over the next twelve years, until 2036. By then, the defence budget will be almost twice as large as it is today, measured in real value.

Full story: New Norwegian Long Term Plan on Defence: ”A historic plan” - regjeringen.no

See also: Norway will meet NATO's 2% guideline in 2024 - regjeringen.no