Ministry of Finance
Jan Tore Sanner (Con.)
Minister of Finance
Topics and insight
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.
Government Pension Fund
The Ministry of Finance holds the overall responsibility for the management of the Government Pension Fund.
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.
Latest documents
- NOU 2019: 18 - Chapter 1: Introduction and summary Norwegian Official Report (NOU) 04/11/2019
- Response to the warning of the European Systemic Risk Board on vulnerabilities in the residential real estate sector in Norway Letter 03/09/2019
- One year closer 2019 Report 03/07/2019
- The Report on Energy Stocks in the Government Pension Fund Global Letter 28/06/2019
News from the Ministry
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.
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.
Latest news
- Speech at Euronext Annual Conference Speech/statement 14/01/2020
- Countercyclical buffer unchanged Press release 19/12/2019
- Changes in banks’ capital requirements from year-end 2020 Press release 11/12/2019
- OECD on Norway: High living standard, appropriate economic policy, but narrower fiscal space Press release 09/12/2019
- Changes in the capital requirements for insurers’ residential real estate exposures News story 05/12/2019
Contact
E-mail: [email protected]
Phone: +47 22 24 90 90
Address: Postboks 8008 Dep, 0030 Oslo
Visitor address: Akersgata 40, 0030 Oslo