News and press releases
Latest news from the Ministries and the Office of the Prime Minister can be found here.
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The Government Pension Fund white paper 2024
12/04/2024 Press release Ministry of FinanceToday, 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
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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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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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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: 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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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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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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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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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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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.
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Amendment to the 2022 Fiscal Budget Proposal: Key figures in the Amendment to the 2022 Fiscal Budget Proposal
08/11/2021 Press release Ministry of FinanceTo 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.