Ministry of Finance
Revised Fiscal Budget 2015:
The sharp oil price decline since last year is dampening growth in the Norwegian economy. Growth in the mainland (or non-oil) economy is set to be moderate in 2015, and some competitive businesses must adapt to lower demand from the Norwegian petroleum sector. These adjustments are likely to happen earlier than previously anticipated due to the oil price decline.
The Ministry of Finance has today adopted a regulation on requirements for residential mortgage loans. The regulation is based on current guidelines from the Financial Services Authority. The aim of the regulation is to contribute to a sustainable development in the residential mortgage market. The regulation takes effect from 1 July 2015.
About the ministry
The Government Pension Fund comprises the Government Pension Fund Global (GPFG) and the Government Pension Fund Norway (GPFN). The Funds are managed by Norges Bank and Folketrygdfondet, respectively, under mandates set by the Ministry of Finance.
The most important documents are bills (propositions), white papers, hearing documents and Official Norwegian Reports (NOUs). (These documents are primarily available in Norwegian.)
What's new from this ministry
Phone: +47 22 24 90 90
Address: Akersgata 40, , Postboks 8008 Dep, 0030 Oslo