Ministry of Finance

Siv Jensen (PrP)

Minister of Finance

The Ministry of Finance is responsible for planning and implementing the Norwegian economic policy and for coordinating the work with the Fiscal Budget.

Topics and insight

Illustrasjonsbilde. Foto: Colourbox

The Norwegian Fiscal Policy Framework

The Government Pension Fund Global and the fiscal rule have since 2001 set out the plan for the phasing-in of petroleum income and investment returns to the Norwegian economy.

Illustrasjonsbilde. Foto: Colourbox

Government Pension Fund

The Ministry of Finance holds the overall responsibility for the management of the Government Pension Fund.

Illustrasjonsbilde. Foto: Colourbox

General tax conventions between Norway and other states

General tax conventions for the avoidance of double taxation and the prevention of fiscal evasion,and other international agreements regarding tax matters.

Documents

White paper (Meld.St.):

Meld. St. 1 (2019–2020) National Budget 2020

The Norwegian economy is performing well. Unemployment is low, and new jobs are created in both rural and urban areas. This contributes to the sustainability of our welfare society.

National Budget 2020:

Prop. 1 LS (2019–2020) Taxes

The Government will use the tax system to fund public goods and services, ensure social mobility, achieve more efficient resource allocation and improve conditions for Norwegian businesses.

News from the Ministry

Illustrasjon for Statsbudsjettet 2020

National Budget 2020:

A budget to promote employment and welfare

The Norwegian economy is in its third year of economic expansion. Employment growth is strong and the registered unemployment rate has fallen to levels last seen in 2008. Non-oil business investments are at a 10-year high. These positive developments are expected to continue. Non-oil GDP is projected to increase by 2.7 per cent this year and 2.5 per cent next year.

Web TV

OECD Economic Survey 2019

OECD on Norway: High living standard, appropriate economic policy, but narrower fiscal space

The OECD today presented its biannual survey of the Norwegian economy with recommendations on how to meet challenges ahead. The survey emphasizes that economic growth is robust and economic policy appropriate. Yet, sustaining high levels of economic output and comprehensive public services for the future is a challenge.

Contact


Phone: +47 22 24 90 90
Address: Postboks 8008 Dep, 0030 Oslo
Visitor address: Akersgata 40, 0030 Oslo

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