Ministry of Finance

The National Budget 2024

Overview page

Information in English about Norway's National Budget for 2024, presented to the Storting on 6 October 2023.

Government Pension Fund

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

General tax conventions between Norway and other states

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

Norway will implement new rules for taxation of large multinational enterprises

Press release 24/11/2023

Today the Government put forward a Bill to the Norwegian parliament to implement internationally agreed rules on global minimum tax. This will deter profit shifting and ensure large business groups pay at least 15 per cent tax on their profits. The rules have been developed in an extended OECD collaboration with over 140 jurisdictions and will apply in Norway from 1 January 2024.

The National Budget 2024

A budget to safeguard Norwegian households

Press release 06/10/2023

The 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 good public services and support for the most vulnerable, along with security and stability. Norway will play its part in helping Ukraine and Ukrainian refugees. The Government will continue to implement the green transition and take action to achieve our climate goals.

Meld. St. 1 (2023-2024)

The National Budget 2024

Report to the Storting 06/10/2023

Report to the Storting (white paper) on The National Budget 2024 (Støre Government).