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Entry into force of a renegotiated agreement with the EU on administrative cooperation in the field of VAT

On June 4, 2025, the Storting (the Norwegian Parliament) approved consent for the entry into force of an agreement amending the Agreement between Norway and the EU on administrative cooperation in the field of VAT. Today, the King in Council has

National budget 2026: Three concrete budget measures for better and more accessible GP services

The government proposes to allocate NOK 115 million to renew, strengthen and improve GP services. In addition, the government wants 16- and 17-year-olds to be exempt from paying for GP appointments and out-of-hours medical services.

National budget 2026: A hospital budget for faster hospital care

The government is proposing to strengthen the hospitals’ budget framework by NOK 3.4 billion in 2026. This will help ensure shorter waiting times and better cooperation between specialised health services and municipal services.

Revised National Budget: NOK 250 million to bolster the Northern Norway Regional Health Authority

As part of its revised national budget, the Norwegian government is proposing an increase in its funding to the Northern Norway Regional Health Authority through a permanent grant of NOK 250 million. This proposal is in light of the challenging

Revised National Budget: Waiting times to be reduced – the government strengthens hospitals with NOK 2 billion

The government wants to reverse the trend and reduce hospital waiting times. This is why it is proposing total additional funding of NOK 2 billion for hospitals in its revised national budget.

OECD on the Norwegian economy: High activity and lower inflation

OECD today published their biannual survey of the Norwegian economy, with recommendations on how the government should face important challenges ahead. The survey points to increasing activity in the Norwegian economy. It also emphasises the

Revised National Budget 2024: A budget to provide security in demanding times

Defence and security are the priorities in the Norwegian government’s proposal for the Revised National Budget. The government’s most important duty is to safeguard its people. Defence capability will be strengthened with a historic budget increase

Revised National Budget: Boosting access to diabetes medications and reducing national insurance user fees

The government’s revised national budget contains proposals for individual grants for the diabetes medication Rybelsus and the rationing of Ozempic in pharmacies.

IMF: Expect higher growth in the Norwegian economy

Economic growth will strengthen gradually and real incomes will increase, improving most households’ purchasing power. This is one of the conclusions of the International Monetary Fund (IMF)’s yearly assessment of the Norwegian economy and Norwegian

Prop. 1 LS (2024–2025) - Taxes 2025 For the 2025 Budget Year

Chapter 1 and 2

Revised National Budget 2025: Key figures in the Revised National Budget 2025

To ensure equal access to information that might be market sensitive, the Ministry of Finance publishes selected key figures prior to presenting the Revised National Budget at 10:45 a.m. More detailed forecasts will be published in the Revised

Revised National Budget: Sound economic governance

The Norwegian economy is unusually strong and employment is at a record low. At the same time, however, Omicron, high electricity prices and war in Europe have necessitated unforeseen financial allocations. In the Revised Budget, the government has

Amendment to the 2022 Fiscal Budget Proposal: A new and fairer course for the whole of Norway

Opportunities throughout the country, higher employment, labour market security, a fairer distribution of income and wealth and fairer climate policies are key priorities in the new government's proposed changes to the 2022 budget.

The Revised National Budget: Government proposes record-high aid budget of NOK 44.9 billion

‘The war in Ukraine is having impacts across the globe. The number of people who have been displaced is rising and more people than ever before do not have enough to eat. The Government is proposing an increase of NOK 3.6 billion in the aid budget,

Change in the mandate for the committee on long-term perspectives for the Government Pension Fund Global

The Government has decided to change the mandate for the committee appointed to review which developments internationally and in the financial markets may affect risk and return in the Government Pension Fund Global (GPFG) and assess what

Focusing on areas where Norway can make a difference

The Government has proposed an increase in funding of NOK 80 million in 2026 for efforts to promote women’s rights. Women’s rights are coming under growing pressure globally, and this is an area where Norway can make a significant difference.

Prop. 1 LS (2025–2026) - Taxes 2026 For the 2026 Budget Year

Chapter 1

Meld. St. 1 (2025–2026) - The National Budget 2026

Chapter 2.2, 2.3 and 3.1

Large revenues from the petroleum industry in 2024

The state's net cash flow from petroleum activities is estimated to be 680 billion NOK in 2024. These revenues go into the Norwegian Government Pension Fund Global and are expected to provide approximately 20 billion NOK into future budgets.

The government proposes to increase the allocation for resource and environmental mapping of seabed minerals

The government will facilitate responsible, sustainable and profitable seabed mineral activity on the Norwegian continental shelf. We need more knowledge about the mineral resources, the environmental conditions in the Norwegian deep-sea areas, and