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Meld. St. 31 (2020–2021) - Financial Markets Report 2021

Meld. St. 31 (2020–2021) Report to the Storting (white paper) Summary

High-price contribution on wind and hydropower

The Government is proposing to introduce a high-price contribution, with the rate set at 23 per cent of the electricity price in excess of NOK 0.70 per kWh. The contribution is designed as an excise duty payable to the treasury. The tax will be

Adjustment of local and county authorities’ general grant

The Government proposes a one-year deduction in the general grant to local and county authorities with income from licence power. The proposal applies to local and county authorities in the areas with the highest electricity prices.

The National Budget 2023: Adjusting the tax rules for the petroleum sector

Oil and gas prices have increased significantly since the introduction of the temporary tax rules for the petroleum sector in 2020. As a result of this, the Government will now be adjusting these rules.

Strengthening climate risk efforts in the Government Pension Fund Global

The Government will strengthen the efforts on climate risk in the Government Pension Fund Global (GPFG). The changes proposed in the white paper The Government Pension Fund 2022 are largely in line with the recommendations in the expert report

Responsible long-term management of the Government Pension Fund

The Ministry of Finance is today publishing the white paper The Government Pension Fund 2022. Key topics in this paper are climate risk and the review of active management of the Government Pension Fund Global (GPFG).

The National Budget 2023: Key Figures in the National Budget 2023

To ensure simultaneous access to information which may be market sensitive, the Ministry of Finance publishes selected key figures at 8:00AM prior to the budget launch at 10:00 am. More detailed projections will be published with the National Budget.

Revised strategy for combating work-related crime (2019–)

The Government presented its strategy for combating work-related crime in 2015. The strategy was revised and updated in 2017, and it has now also been subject to a new revision in February 2019.

Consultation on a proposal for amendments to the Norwegian VAT Act regarding cross-border trade of services from businesses to consumers

The Norwegian Ministry of Finance hereby presents a proposal for amendments to the Norwegian VAT Act regarding cross-border sales of services from businesses to consumers (B2C). It is proposed that all purchases of remotely deliverable services from

Aracruz

Regarding Aracruz Cellulose SA

Report No. 24 to the Storting (2006-2007) - On the Management of the ­Government Pension Fund in 2006

Meld. St. 17 (2011–2012) - The Management of the Government Pension Fund in 2011

The Longship project is near completion

The Norwegian government continues its investment in the Longship project and proposes an allocation of 2.1 billion NOK in the state budget for 2025. In 2025, a large part of the full-scale project for CCS in Norway will be completed.

Government budget 2024: Norway will continue to receive patients from Ukraine

The government has proposed a grant of NOK 200 million in 2024 to support the treatment of patients from Ukraine in Norwegian hospitals. To date, more than 300 patients have arrived in Norway as part of the medevac scheme. Since the start of the war

NOU 2023: 25 - The transition to low emissions

Climate policy choices towards 2050

Revised National Budget: Key figures in the Revised National Budget 2024

To secure equal access to information that might be market sensitive, the Ministry of Finance publishes selected key figures prior to presenting the Revised National Budget at 10:45 a.m. More detailed forecasts will be published in the Revised

Norway will implement new rules for taxation of large multinational enterprises

Today the Government put forward a Bill to the Norwegian parliament to implement internationally agreed rules on global minimum tax. This will deter profit shifting and ensure large business groups pay at least 15 per cent tax on their profits. The

IMF: Favourable growth prospects, solid fundamentals and policy management

The International Monetary Fund (IMF) today presented its yearly assessment of the Norwegian economy and Norwegian economic policy. An IMF delegation has spent the last week meeting Norwegian authorities, academic and financial institutions and

The Government Pension Fund white paper 2024

Today, the Ministry of Finance submits the annual white paper about the Government Pension Fund to the Storting. The white paper gives an account of the Government Pension Fund Norway (GPFN) and Government Pension Fund Global (GPFG) results and

Recommendations from the working group on government transactions and the money market

In June 2023, the Ministry of Finance appointed a working group composed of experts from Norges Bank (Central Bank of Norway) and the Ministry of Finance to examine the effects of government transactions on the money market. The working group has