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Norway will implement new rules for taxation of large multinational enterprises
24/11/2023 Press release Ministry of FinanceToday 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
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Prop. 1 LS (2023–2024) - Taxes 2024
Prop. 1 LS (2023–2024) Proposition to the Storting (Bill and Draft Resolution) For the 2024 Budget Year
06/10/2023 Proposition Ministry of Finance -
The National Budget 2024: A budget to safeguard Norwegian households
06/10/2023 Press release Ministry of FinanceThe budget for 2024 provides security and opportunity for people and businesses throughout Norway. There are expenditure increases in several areas due to war in Europe, a record number of refugees and higher prices. The Government’s priorities are
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Meld. St. 1 (2023–2024) - The National Budget 2024
Meld. St. 1 (2023–2024) Report to the Storting (white paper)
06/10/2023 Report to the Storting Ministry of Finance -
Prop. 2 LS (2023–2024) - Resource rent tax on onshore wind power
06/10/2023 Proposition Ministry of Finance -
The National Budget 2024: The Government will introduce a resource rent tax on onshore wind power from 2024
06/10/2023 Press release Ministry of Finance, Office of the Prime MinisterThe Government is today presenting a modified bill for the introduction of a resource rent tax on onshore wind power from 2024. The proposal will ensure that a larger share of the value added in the wind power industry will accrue to society as a
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The National Budget 2024: Key Figures in the National Budget 2024
06/10/2023 Press release Ministry of FinanceThe Ministry of Finance publishes selected key figures at 8 am, prior to the publication of the budget at 9 am. More detailed projections will be published in the National Budget.
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Identification of systemically important institutions
29/09/2023 News story Ministry of FinanceThe Ministry of Finance has today decided that DNB ASA, Kommunalbanken AS, Nordea Eiendomskreditt AS and Sparebank 1 SR-Bank ASA shall be identified as systemically important institutions in Norway, as recommended by the Norwegian FSA.
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IMF launches report on Anti-Money Laundering in the Nordic-Baltic region
04/09/2023 News story Ministry of FinanceThe International Monetary Fund (IMF) has published a report today on various aspects of anti-money laundering work in the Nordic-Baltic region. Norwegian authorities have participated since the project began in 2021.
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The IMF's Article IV consultation for 2023 has been completed
26/07/2023 News story Ministry of FinanceOn 8 June, the IMF's delegation to Norway presented its yearly assessment of the Norwegian economy and Norwegian economic policy to the government. The full report has now been concluded by the IMF Executive Board.
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Adherence of the Government Pension Fund Norway (GPFN) to the Santiago principles
27/06/2023 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 Global (GPFG) to the Santiago principles
27/06/2023 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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IMF: Favourable growth prospects, solid fundamentals and policy management
08/06/2023 Press release Ministry of FinanceThe 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
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Revised National Budget: A responsible budget that provides security for people throughout Norway
11/05/2023 Press release Ministry of FinanceIn the revised budget, the government will prioritise crucial public services such as healthcare, the police and refugees. Providers of public services and benefit recipients will receive compensation for wage growth and inflation. The government
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Revised National Budget: Postponed implementation of resource rent tax on onshore wind power
11/05/2023 Press release Ministry of FinanceThe Government wants a larger share of the value which is created from the country’s common natural resources to benefit local communities, municipalities and society as a whole. The Government notified its intention to propose a resource rent tax
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Revised National Budget: Key figures in the Revised National Budget 2023
11/05/2023 Press release Ministry of FinanceTo secure equal access to information that might be market sensitive, the Ministry of Finance publishes selected key figures prior to launching the Revised National Budget at 10:45 a.m. More detailed forecasts will be published in the Revised Budget.
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Norwegian Government plans to meet NATO’s 2 % goal by 2026
02/05/2023 Press release Office of the Prime Minister, Ministry of Defence, Ministry of FinanceStrengthening defence and civil preparedness is one of the Government’s main priorities in the years to come.
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ESRB recommends reciprocation of Norwegian capital requirements for banks
14/04/2023 News story Ministry of FinanceThe European Systemic Risk Board (ESRB) has issued a recommendation to other EEA states to reciprocate Norwegian capital requirements for banks. The recommendation concerns the systemic risk buffer requirement and temporary risk weight floors for
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Annual white paper on the Government Pension Fund
31/03/2023 Press release Ministry of FinanceToday, the Ministry of Finance submits the white paper The Government Pension Fund 2023 to the Storting. Topics in this year’s paper include how international economic and political developments may affect the Government Pension Fund Global, and a
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Meld. St. 17 (2022–2023) - The Government Pension Fund 2023
31/03/2023 Report to the Storting Ministry of Finance