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Meld. St. 17 (2022–2023) - The Government Pension Fund 2023
31/03/2023 Report to the Storting Ministry of Finance -
Adherence of the Government Pension Fund Global (GPFG) to the Santiago principles
31/01/2023 Guidelines/brochures Ministry of FinanceThe Ministry of Finance has recently conducted an update of the self-assessments of the Government Pension Fund’s adherence to the Santiago Principles, cf. separate reviews of the GPFG and the GPFN, respectively. This self-assessment documents the
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Adherence of the Government Pension Fund Norway (GPFN) to the Santiago principles
31/01/2023 Guidelines/brochures Ministry of FinanceThe Ministry of Finance has recently conducted an update of the self-assessments of the Government Pension Fund’s adherence to the Santiago Principles, cf. separate reviews of the GPFG and the GPFN, respectively. This self-assessment documents the
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Government Pension Fund and the Santiago principles
31/01/2023 Article Ministry of FinanceThe 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.
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The National Budget 2023: A budget for security and fair distribution
06/10/2022 Press release Ministry of FinanceThere is a war and an energy crisis in Europe. High inflation is affecting people’s lives. The Government’s response is a fair and responsible budget, which improves distribution and enhances security at a challenging time.
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The National Budget 2023: Key Figures in the National Budget 2023
06/10/2022 Press release Ministry of FinanceTo 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.
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The National Budget 2023: Adjusting the tax rules for the petroleum sector
06/10/2022 Press release Ministry of FinanceOil 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.
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NOU 2022: 12 - The Fund in a changing world
The Government Pension Fund Global and new economic and political developments
26/09/2022 Norwegian Official Report (NOU) Ministry of Finance -
Report on long term perspectives for the Government Pension Fund Global submitted by committee
26/09/2022 Press release Ministry of FinanceToday, a committee that has been reviewing long term perspectives for the Government Pension Fund Global (GPFG) submitted its report, NOU 2022: 12 The Fund in a changing world, to the Ministry of Finance. The committee was chaired by Ulf Sverdrup,
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Revised National Budget: Sound economic governance
12/05/2022 Press release Ministry of FinanceThe Norwegian economy is unusually strong and employment is at a record low. At the same time, however, Omicron, high electricity prices and war in Europe have necessitated unforeseen financial allocations. In the Revised Budget, the government has
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Strengthening climate risk efforts in the Government Pension Fund Global
01/04/2022 Press release Ministry of FinanceThe 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
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Meld. St. 9 (2021–2022) - The Government Pension Fund 2022
Chapter 1
01/04/2022 Report to the Storting Ministry of Finance -
Responsible long-term management of the Government Pension Fund
01/04/2022 Press release Ministry of FinanceThe 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).
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The Government Pension Fund Global to exit Russia
28/02/2022 Press release Ministry of FinanceThe Ministry of Finance has today informed the Fund manager Norges Bank to immediately freeze all investments made by the Government Pension Fund Global (GPFG) in Russia. The Ministry has further requested Norges Bank to prepare a plan for the
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Norway to increase support to Ukraine and provide military equipment
27/02/2022 Press release Office of the Prime Minister, Ministry of Defence, Ministry of Finance, Ministry of Foreign AffairsThe Norwegian Government has allocated up to NOK 2 billion for humanitarian assistance to Ukraine, and will provide military equipment such as helmets and bulletproof vests to the war-torn country. The Government will also align itself with the
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Norges Bank's work on responsible investing
27/01/2022 Article Ministry of FinanceThe aim of Norges Bank's responsible investing activities is to promote long-term value creation and to contribute to good corporate governance and responsible business conduct. In its management of the GPFG, Norges Bank shall emphasise the fund's
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Ethical guidelines
27/01/2022 Article Ministry of FinanceThe 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
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Expert group report on Norges Bank’s active management of the GPFG
07/01/2022 News story Ministry of FinanceOn 3 January 2022, the expert group reviewing Norges Bank’s active management of the Government Pension Fund Global (GPFG) submitted its report to the Ministry of Finance.
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Change in the mandate for the committee on long-term perspectives for the Government Pension Fund Global
09/11/2021 Press release Ministry of FinanceThe Government has decided to change the mandate for the committee appointed to review which developments internationally and in the financial markets may affect risk and return in the Government Pension Fund Global (GPFG) and assess what
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Amendment to the 2022 Fiscal Budget Proposal: A new and fairer course for the whole of Norway
08/11/2021 Press release Ministry of FinanceOpportunities 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.