Norway Announces "Historic Increase" in Defence Spending, Plans to Expand Military Capabilities

In a bid to strengthen its national security, Norway's centre-left government has unveiled plans for a significant boost in defence spending. Prime Minister Jonas Gahr Støre announced on Friday that the government intends to allocate 52 billion euros over the next 12 years to enhance the country's military capabilities.

Citing the deteriorating security environment, Støre emphasized the need for a defence system that is "fit for purpose." The proposed spending is part of a larger plan to allocate a total of 140 billion euros between now and 2036.

As part of this investment, Norway aims to increase the number of conscripted soldiers from the current 9,000 to 13,500 by 2036. Additionally, the country plans to purchase five new frigates, submarines, as well as its first long-range air defence system. The army will also be expanded from one to three brigades.

Finance Minister Trygve Slagsvold Vedum reassured the public that the increase in defence spending will not result in cuts to public services. He highlighted that the proposed investment will create job opportunities and stimulate economic growth within Norway.

Prime Minister Støre emphasized that Norway is not a threat to any nation or organization, including NATO. Nevertheless, he reiterated the importance of having the capability to defend the country during times of crisis or war.

The proposal is expected to receive support in the 169-seat Storting assembly, where Prime Minister Støre's coalition, consisting of the Labour Party and the Centre Party, holds substantial influence.

This move by Norway follows in the footsteps of other European nations that have recently increased their defence spending, reflecting a growing emphasis on military preparedness and security across the continent.