More content from the ministry

Norway and the Age of Energy

'We are transitioning out of oil, out of gas, out of fossil, and now into a new chapter. I emphasize transitioning, because this is complex; when energy sources shift, power shifts and politics shifts', said Prime Minister Jonas Gahr Støre.

By Prime Minister Jonas Gahr Støre Columbia University, World Leaders Forum

The IMF's Article IV consultation for 2024 has been completed

On 28 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.

Long-term Perspectives on the Norwegian Economy 2024: Future Norway Needs New Solutions and More People Working

The government has today presented the report on Long-term Perspectives on the Norwegian Economy 2024, which discusses the main challenges for the Norwegian economy towards 2060. In this report, the government has set a goal to increase the share of

Meld. St. 31 (2023–2024) - Long-term Perspectives on the Norwegian Economy 2024

Chapter 1

Financing change: Norway’s experience in sharing wealth

Taxing the riches of nature: sharing in the prosperity from national resources

By Minister of Finance Trygve Slagsvold Vedum At a business event 24 July in Rio de Janeiro, Brazil, prior to G20 Finance Ministers meeting

IMF: Expect higher growth in the Norwegian economy

Economic growth will strengthen gradually and real incomes will increase, improving most households’ purchasing power. This is one of the conclusions of the International Monetary Fund (IMF)’s yearly assessment of the Norwegian economy and Norwegian

OECD on the Norwegian economy: High activity and lower inflation

OECD today published their biannual survey of the Norwegian economy, with recommendations on how the government should face important challenges ahead. The survey points to increasing activity in the Norwegian economy. It also emphasises the

Press conference: OECDs Economic Survey of Norway

On Thursday 20 June at 10:00 the OECD will present a new Economic Survey of Norway to Minister of Finance Trygve Slagsvold Vedum (Centre Party).

Revised National Budget: Boosting access to diabetes medications and reducing national insurance user fees

The government’s revised national budget contains proposals for individual grants for the diabetes medication Rybelsus and the rationing of Ozempic in pharmacies.

Revised National Budget: NOK 250 million to bolster the Northern Norway Regional Health Authority

As part of its revised national budget, the Norwegian government is proposing an increase in its funding to the Northern Norway Regional Health Authority through a permanent grant of NOK 250 million. This proposal is in light of the challenging

Revised National Budget: Waiting times to be reduced – the government strengthens hospitals with NOK 2 billion

The government wants to reverse the trend and reduce hospital waiting times. This is why it is proposing total additional funding of NOK 2 billion for hospitals in its revised national budget.

Revised National Budget: The Norwegian Defence Boost Begins Now

The government's most fundamental task is to ensure the security of people living in Norway. Therefore, we prioritise defence, security, and preparedness, especially in a more serious security situation. In the revised national budget, the

Revised National Budget 2024: A budget to provide security in demanding times

Defence and security are the priorities in the Norwegian government’s proposal for the Revised National Budget. The government’s most important duty is to safeguard its people. Defence capability will be strengthened with a historic budget increase

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

Meld. St. 22 (2023–2024) - The Government Pension Fund 2024

Executive summary

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

Notification - CO2 tax - exemption for undertakings covered by the ETS

Notification - CO2 tax - exemption for undertakings covered by the ETS

Notification - excise duty on waste incineration - exemption for undertakings covered by the ETS

Notification - excise duty on waste incineration - exemption for undertakings covered by the ETS

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