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Response to the European Commission’s Consultation on the Review of the EU Macro-Prudential Policy Framework

The Norwegian Ministry of Finance, Finanstilsynet and Norges Bank welcome the opportunity to provide a common feedback on the EU macroprudential policy framework.

Complaints against Norway relating to reporting obligations when contracts are given to non-resident contractors

The Norwegian Tax Assessment Act (TAA) § 5-6 and Regulation on Third Party Reporting Obligation ("Third Party Regulation") § 5-6-1- to § 5-6-6.

National budget 2013

The National Budget will be presented for the Parliament (Storting) October 8th 2012. The National Budget presents the Government's programme for the implementation of economic policy and projections for the Norwegian Economy.

Key Figures of the 2004 budget

Key Figures of the 2004 budget Click here (pdf)

Governance framework

The Storting has, in the Government Pension Fund Act, accorded the Ministry of Finance formal responsibility for the management of the Fund. Operational management of the Government Pension Fund Global (GPFG) is carried out by Norges Bank.

The Norwegian Tax Administration (Skatteetaten)

The activities of the Norwegian Tax Administration lay the principal financial foundations for government operations. The Norwegian Tax Administration shall ensure that taxes and other claims are correctly assessed and paid, and that the National

Web page: https://www.skatteetaten.no/en/person/

Statistics Norway

Statistics Norway prepares and publishes official statistics in Norway, in addition to conducting extensive research activities.

Web page: https://www.ssb.no/english/

Norwegian Customs (Tolletaten)

Norwegian Customs shall prevent illegal imports and exports of goods and facilitate correct and efficient imports and exports of goods.

Web page: https://www.toll.no/en/

Conclusions of the Mission

Ethical guidelines

The Government Pension Fund Global (GPFG) has been subject to guidelines for observation and exclusion since 2004. The guidelines have since been further developed, most recently in 2021 on the basis of recommendations in NOU 2020: 7 Values and

The Council on Ethics

The Council on Ethics was established by Royal Decree 19 November 2004. The Council on Ethics provides an evaluation of whether investments in specified companies are inconsistent with the ethical guidelines.

The lending regulation 1 January 2021 to 31 December 2022

This article gives an overview of the Norwegian lending regulation from 1 January 2021 to 31 December 2022.

An Illustrated Guide Inside the Ministry of Finance

The Ministry of Finance has its offices in the old government building situated in Akersgata 40 in the capitol of Norway, Oslo.

The National Budget

This page contain information about Norway's National Budget, presented to the Storting. The National Budget presents the Government's programme for the implementation of economic policy and projections for the Norwegian Economy.

The lending regulation 1 January 2023 to 31 Desember 2024

This article gives an overview of the current Norwegian lending regulation which entered into force on 1 January 2021. It shall apply until 31 December 2024. Lenders were required to adapt their credit standards for loans with other collateral by 1

Government Pension Fund and the Santiago principles

The International Forum of Sovereign Wealth Funds (IFSWF) was established in 2009 with the purpose of promoting the Santiago Principles. Norway is not a member of the IFSWF, but fully supports these principles.

Investment Strategy

The Government Pension Fund consists of the Government Pension Fund Global (GPFG) and the Government Pension Fund Norway (GPFN). The investment strategy for the Government Pension Fund is premised on seeking to maximise the return on fund assets

The Advisory Panel on Fiscal Policy Analysis

The Advisory Panel on Fiscal Policy Analysis (formerly the Ministry of Finance’s Advisory Panel on Macroeconomic Models and Methods) provides professional advice on the Ministry of Finance’s work on macroeconomic issues and fiscal sustainability.

Multilateral Convention to implement BEPS Measures (MLI)

Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting.

The economy

In the Government, it is the Minister of Finance’s responsibility to draw up and coordinate economic policy. The Ministry of Finance acts as the secretariat for the Minister of Finance. It is the political authorities - the Government and the