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- Finance Minister Trygve Slagsvold Vedum has assured that the defense spending hike will not detract from public services, emphasizing the investment's potential to create jobs and stimulate economic growth within Norway.
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May 4, 2024 · Norway is in a unique position to take action. Our model of securing income for society from our natural resources, enable us to increase national security spending, without a cut in people’s public services’, says Minister of Finance, Trygve Slagsvold Vedum.
Norway's economic model, based on utilizing its natural resources, uniquely positions it to increase national security spending without compromising public services. The proposed defense investments are expected to benefit the entire country by creating jobs and stimulating Norwegian investments.
Apr 5, 2024 · The Labor-led government’s broad-ranging LTDP, announced at a news conference in Oslo on April 5, proposes a record-breaking increase in capital investments for national defense that project...
- Gerard O'dwyer
Apr 5, 2024 · OSLO, April 5 (Reuters) - Norway plans to raise its military spending by an accumulated 600 billion crowns ($56 billion) through 2036 to bolster its defence against Russia and other...
Apr 6, 2024 · Norway’s robust economic foundation, buoyed by the world’s largest sovereign wealth fund, facilitates this defense spending surge without compromising essential public services. The commitment to allocate 2% of GDP to defense, in line with NATO objectives, underscores Norway’s dedication to collective security and solidarity within the ...
Apr 5, 2024 · Finance Minister Trygve Slagsvold Vedum said the increase would be made “without a cut in people’s public services” and the proposed spending would create jobs and investments in...
Apr 7, 2024 · No Change to Public Services. Finance Minister Trygve Slagsvold Vedum has assured that the defense spending hike will not detract from public services, emphasizing the investment's potential to create jobs and stimulate economic growth within Norway.
