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The 8 Nordic-Baltic countries publish report on large financial crisis simulation exercise

Over a period of five days in the autumn of 2024, the Nordic-Baltic Stability Group (NBSG ) conducted a financial crisis simulation exercise across its 8 member countries. The goal of the exercise was to test collaboration and coordination across

Norway to increase support to Ukraine by NOK 50 billion

The Government has proposed a substantial increase in Norway’s military support to Ukraine in 2025, in line with the broad-based political agreement reached in the Storting.

Norway to increase its support to Ukraine by NOK 50 billion

Norway is now significantly increasing its support to Ukraine. The parties in the Storting have agreed to increase allocations to Ukraine for 2025 by an additional NOK 50 billion.

Revised National Budget: Key figures in the Revised National Budget 2022

To 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 estimates will be published with the Revised

Prop. 1 LS (2022–2023) - Taxes 2023

Prop. 1 LS (2022–2023) Proposition to the Storting (Bill and Draft Resolution) For the 2023 Budget Year

The Council has decided to renegotiate the agreement between Norway and the EU to hinder VAT fraud

The Council of the European Union decided Friday 17 June to re-open negotiations of the agreement on administrative VAT cooperation between Norway and the EU.

Meld. St. 1 (2021–2022) National Budget 2022 - Chapter 3.1

Norwegian National Budget 2022 Chapter 3.1 Fiscal policy (Solberg Government).

Meld. St. 1 (2021–2022) National Budget 2022 - Chapter 2.1

Norwegian National Budget 2022 Chapter 2.1 Norwegian economy (Solberg Government).

Norway tightens restrictions on Russian fishing vessels

The Government has decided that Russian fishing vessels will only be permitted access to three Norwegian ports, and that all Russian vessels arriving at these ports will be subject to inspection.

Meld. St. 1 (2022-2023) National Budget 2023 - Chapter 3.1

Norwegian Government plans to meet NATO’s 2 % goal by 2026

Strengthening defence and civil preparedness is one of the Government’s main priorities in the years to come.

ESRB recommends reciprocation of Norwegian capital requirements for banks

The European Systemic Risk Board (ESRB) has issued a recommendation to other EEA states to reciprocate Norwegian capital requirements for banks. The recommendation concerns the systemic risk buffer requirement and temporary risk weight floors for

Ambitious offshore wind initiative

Today, the Government is presenting a major initiative to promote offshore wind power. The aim is to use offshore wind power to generate new electricity on a par with the total amount of electricity currently produced in Norway. The initiative will

Meld. St. 32 (2019–2020) - The Government Pension Fund 2020

Meld. St. 32 (2019–2020) Report to the Storting (white paper)

Meld. St. 1 (2020–2021) National Budget 2021

English summary of the Norwegian National Budget, containing main economic policy features and outlook for the Norwegian economy.

Meld. St. 31 (2020–2021) - Financial Markets Report 2021

Meld. St. 31 (2020–2021) Report to the Storting (white paper) Summary

Profits from natural resources will be better distributed

Energy producers and the aquaculture industry make billions of kroner on our common resources. The Government is now proposing that more of the value created should go back to society.

The National Budget 2023: Adjusting the tax rules for the petroleum sector

Oil 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.

The Finance Minister promotes Norwegian resource rent taxation in Financial Times

In the article «Tax lessons for governments from Henry George» in Financial Times, Finance Minister Trygve Slagsvold Vedum discusses how Henry George's ideas on taxation of land and resources may be relevant for the global tax debate.