News and press releases

Latest news from the Ministries and the Office of the Prime Minister can be found here.

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  • Annual white paper on the Government Pension Fund

    10/04/2025 Press release Ministry of Finance

    Today, The Ministry of Finance is presenting the 2025 white paper on the Government Pension Fund (Meld. St. 22 (2024-2025)). In the white paper, the Ministry reports on the results and management of the Government Pension Fund Global and the

  • Norway to increase support to Ukraine by NOK 50 billion

    04/04/2025 Press release Office of the Prime Minister, Ministry of Defence, Ministry of Finance, Ministry of Foreign Affairs

    The Government has proposed a substantial increase in Norway’s military support to Ukraine in 2025, in line with the broad-based political agreement reached in the Storting.

  • The 8 Nordic-Baltic countries publish report on large financial crisis simulation exercise

    01/04/2025 News story Ministry of Finance

    Over a period of five days in the autumn of 2024, the Nordic-Baltic Stability Group (NBSG ) conducted a financial crisis simulation exercise across its 8 member countries. The goal of the exercise was to test collaboration and coordination across

  • Norway is strengthening cooperation with the EU to combat VAT fraud

    21/03/2025 News story Ministry of Finance

    The Norwegian Government is requesting the Storting (the Norwegian Parliament) for consent to implement a renegotiated agreement with the EU on administrative cooperation in the VAT area. According to the new Agreement, Norwegian tax authorities

  • Norway to increase its support to Ukraine by NOK 50 billion

    06/03/2025 Press release Office of the Prime Minister, Ministry of Finance

    Norway is now significantly increasing its support to Ukraine. The parties in the Storting have agreed to increase allocations to Ukraine for 2025 by an additional NOK 50 billion.

  • The Finance Minister promotes Norwegian resource rent taxation in Financial Times

    16/01/2025 News story Ministry of Finance

    In the article «Tax lessons for governments from Henry George» in Financial Times, Finance Minister Trygve Slagsvold Vedum discusses how Henry George's ideas on taxation of land and resources may be relevant for the global tax debate.

  • Amendments to the lending regulation

    04/12/2024 Press release Ministry of Finance

    The Ministry of Finance has adopted amendments to the Norwegian bank lending regulation. The amendments will take effect on 31 December 2024.

  • Norway to continue as guest country in G20

    03/12/2024 Press release Office of the Prime Minister, Ministry of Finance, Ministry of Foreign Affairs

    On Tuesday, 3 December, South Africa announced that Norway will continue to participate as a G20 guest country under the South African G20 Presidency. Norway had status as a guest country in 2024 under the Brazilian presidency.

  • Identification of systemically important institutions

    03/12/2024 News story Ministry of Finance

    The Ministry of Finance has today decided that DNB Bank ASA, Kommunalbanken AS, Nordea Eiendomskreditt AS and Sparebank 1 Sør-Norge ASA still shall be identified as systemically important institutions in Norway, as recommended by the Norwegian FSA.

  • The National Budget 2025: A budget that provides security for the population and country, and develops the whole of Norway

    07/10/2024 Press release Ministry of Finance

    Through the proposed National Budget for 2025, people will be financially better off, Norway’s preparedness against war and crime will be strengthened, and social and geographical differences will be reduced. Unemployment is still low, wages are

  • The National Budget 2025: Closing tax loopholes by amending the exit tax rules

    07/10/2024 Press release Ministry of Finance

    In practice, the current exit tax rules function as a tax loophole. The Government wants to close this loophole and proposes, in the National Budget for 2025, to amend the exit tax rules to make them more effective and fairer.

  • The National Budget 2025: Key Figures in the National Budget 2025

    07/10/2024 Press release Ministry of Finance

    The Ministry of Finance publishes selected key figures at 8 am, prior to the publication of the budget, which includes more detailed projections, at 10 am.

  • Renegotiated Agreement on Value Added Tax Signed with the EU

    02/10/2024 News story Ministry of Finance

    On the 2nd of October, Norway's ambassador to the EU, Anders H. Eide, signed a renegotiated agreement with the EU on administrative cooperation in the field of VAT. The purpose is to combat international VAT fraud. The Director-General of the

  • Nordic Baltic Crisis Simulation Exercise 2024

    20/09/2024 News story Ministry of Finance

    To test the preparedness for a potential crisis situation, authorities from the Nordic-Baltic countries responsible for financial stability during this week conducted a financial crisis simulation exercise in the Nordic-Baltic region, involving

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

    18/09/2024 News story Ministry of Finance

    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

    09/08/2024 Press release Ministry of Finance

    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

  • IMF: Expect higher growth in the Norwegian economy

    28/06/2024 Press release Ministry of Finance

    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

    20/06/2024 Press release Ministry of Finance

    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

    17/06/2024 Press release Ministry of Finance

    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 2024: A budget to provide security in demanding times

    14/05/2024 Press release Ministry of Finance

    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

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