Norway to provide Ukraine with US$200m in budget support via World Bank programme
Norway will allocate US$200 million in budget support to Ukraine, with the funds channelled through the World Bank's PEACE programme.
"We are sincerely grateful for this timely contribution, which reflects Norway's principled leadership and steadfast support for Ukraine during this period of immense challenge.
At a time when Russia's ongoing attacks continue to place a significant strain on our economy, this support is vital for maintaining Ukraine's macro-financial stability and ensuring the uninterrupted functioning of essential public services," Ukrainian Prime Minister Yuliia Svyrydenko wrote on X.
Svyrydenko pointed out that the PEACE programme was launched in 2022 after the start of Russia's full-scale war against Ukraine. Since then, partners have provided Ukraine with US$52 billion through it, including US$13.4 billion for pension payments.
At the end of 2025, the Norwegian government said that total Norwegian financial support for Ukraine in 2026 would reach €19 billion.
A vital €90 billion EU loan for Ukraine has reached a deadlock due to it being blocked by Hungary and Slovakia. A resolution is unlikely at least until Hungary's parliamentary elections in mid-April, as the issue has become part of Prime Minister Viktor Orbán's election campaign.
Orbán has directly linked his position to the resumption of Russian oil supplies via the Druzhba pipeline, the suspension of which he considers a purely political decision by Kyiv.
However, the European Commission hopes that the issue of the €90 billion for Ukraine will be resolved by 19 March. It has also been reported that the EU has devised a "plan B" to provide Ukraine with at least part of the required funding.
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25 of March 2026
