An IMF Mission Has Today Presented a Concluding Statement on Norway to the Ministry of Finance.

The full statement is available here:

In a comment, Finance Minister Per-Kristian Foss says that he appreciates the IMF mission’s support on the Government’s strategy to reducing taxes, and he agrees to the comments on the need for a pension reform. – I notice that the mission supports our economic policy with respect to key issues and its positive assessment of the current state of the Norwegian economy. I have taken due note of the warning on a too strong increase in the use of oil revenues. It underlines the Government’s policy of using oil revenues in accordance with the fiscal budget guidelines.