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Amendment to the 2022 Fiscal Budget Proposal: A new and fairer course for the whole of Norway

Opportunities throughout the country, higher employment, labour market security, a fairer distribution of income and wealth and fairer climate policies are key priorities in the new government's proposed changes to the 2022 budget.

Amendment to the 2022 Fiscal Budget Proposal: Key figures in the Amendment to the 2022 Fiscal Budget Proposal

To ensure simultaneous access to information that might be market sensitive, the Ministry of Finance publishes selected key figures prior to the budget launch at 12:00 am.

Prop. 1 LS (2021–2022) - Taxes 2022

Prop. 1 LS (2021–2022) Proposition to the Storting (bill and draft resolution) For the Fiscal Year 2022

Climate risk and the Government Pension Fund Global

Managing risks associated with climate change and the green transition

Report from an expert group appointed by the Ministry of Finance. 15 August 2021. English translation of the original report’s executive summary and chapter 7 with recommendations.

Carbon Border Adjustment Mechanism – Preliminary Norwegian Positions

High ambitions, collective effort and urgent action are needed to speed up the transition to a sustainable, resilient, climate neutral and environmentally friendly future.

Investment Strategy

The objective for the management of the GPFN is to maximise financial returns measured in Norwegian kroner, given a moderate level of risk. The main part of the assets of the GPFN is invested in the Norwegian equity and fixed income markets.

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.

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

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

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

Meld. St. 24 (2020–2021) - The Government Pension Fund 2021

Chapter 1: Executive summary

NOU 2021: 4 - Norway towards 2025 – Summary

Meld. St. 14 (2020–2021) - Long-term Perspectives on the Norwegian Economy 2021

Chapter 1

The National Budget 2021

Information about Norway's National Budget for 2021 was published on 7 October 2020. The National Budget presents the Solberg Government's programme for the implementation of economic policy and projections for the Norwegian economy.

Meld. St. 32 (2019–2020) - The Government Pension Fund 2020

Meld. St. 32 (2019–2020) Report to the Storting (white paper)

NOU 2020: 7 - Values and Responsibility

The Ethical Framework for the Norwegian Government Pension Fund Global

Meld. St. 22 (2019–2020) - Financial Markets Report 2020

Meld. St. 22 (2019–2020) Report to the Storting (white paper) Summary

Additional information concerning the tax on chocolate and sugar products

Convention Norway - Switzerland

The Convention between the Kingdom of Norway and the Swiss Confederation for the avoidance of double taxation with respect to taxes on income and on capital was signed on 7 September 1987 and entered into force on 2 May 1989. The text of the

NOU 2019: 18 - Chapter 1: Introduction and summary

Management Provisions

The framework for the Government Pension Fund and the management of fund assets are laid down by Act of Parliament and guidelines with supplementary provisions.