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Prop. 2 LS (2023–2024) - Resource rent tax on onshore wind power

Meld. St. 1 (2023–2024) - The National Budget 2024

Meld. St. 1 (2023–2024) Report to the Storting (white paper)

Expert group report on Norges Bank’s active management of the GPFG

On 3 January 2022, the expert group reviewing Norges Bank’s active management of the Government Pension Fund Global (GPFG) submitted its report to the Ministry of Finance.

Norway to increase support to Ukraine and provide military equipment

The Norwegian Government has allocated up to NOK 2 billion for humanitarian assistance to Ukraine, and will provide military equipment such as helmets and bulletproof vests to the war-torn country. The Government will also align itself with the

A Strong Defence Budget for Demanding Times

The Norwegian Government´s proposal for the 2024 defence budget increases national defence capability and strengthens military readiness at a time of war in Europe. It also follows up Norway’s commitments to NATO and demonstrates solidarity with

The Government Pension Fund Global to exit Russia

The Ministry of Finance has today informed the Fund manager Norges Bank to immediately freeze all investments made by the Government Pension Fund Global (GPFG) in Russia. The Ministry has further requested Norges Bank to prepare a plan for the

OECD on the Norwegian economy: High activity and challenges for fiscal policy

OECD today published their biannual survey of the Norwegian economy, with recommendations on how the government should face important challenges ahead. The report illustrates the high activity of the Norwegian economy heading out of the pandemic. At

The National Budget 2024: The Government will introduce a resource rent tax on onshore wind power from 2024

The Government is today presenting a modified bill for the introduction of a resource rent tax on onshore wind power from 2024. The proposal will ensure that a larger share of the value added in the wind power industry will accrue to society as a

A new normal for Norway

The Norwegian economy is booming. COVID-19 restrictions are lifted and we are heading out of the pandemic. Economic growth is strong, unemployment is low. A shortage of labor is leading to mounting pressure. At the same time, the war in Ukraine

The National Budget 2024: Key Figures in the National Budget 2024

The Ministry of Finance publishes selected key figures at 8 am, prior to the publication of the budget at 9 am. More detailed projections will be published in the National Budget.

The National Budget 2024: A budget to safeguard Norwegian households

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

IMF: Strong economic growth

The IMF conducts a yearly assessment of the Norwegian economy. As part of this year’s assessment an IMF delegation has spent over a week discussing recent economic developments and Norway’s economic policy with authorities, academic and financial

Amendment to the 2022 Fiscal Budget Proposal: Key figures in the Amendment to the 2022 Fiscal Budget Proposal

To ensure simultaneous access to information that might be market sensitive, the Ministry of Finance publishes selected key figures prior to the budget launch at 12:00 am.

Strengthens the Armed Forces and prioritizes daily preparedness and operations

The government's proposal for the defence budget for 2023 prioritizes the nation's security and preparedness, and shows solidarity in a troubled time. - The budget helps to keep our own population safe, both for today's threats and those that may

NOU 2020: 7 - Values and Responsibility

The Ethical Framework for the Norwegian Government Pension Fund Global

Increased resource rent tax on hydropower

The Government is proposing to increase the effective resource rent tax rate on hydropower from 37 per cent to 45 per cent, with effect from the 2022 fiscal year.

Norway to increase support for humanitarian efforts and government administration in Ukraine

‘The brutal war continues and Ukrainians are facing a cold winter. The scale of humanitarian need is enormous. We have proposed that NOK 2 billion of Norway’s support for Ukraine in 2022 should be used for humanitarian efforts and to help the

Recommendation of 15 November 2005

Adherence of the Government Pension Fund Norway (GPFN) to the Santiago principles

The Ministry of Finance has recently conducted an update of the self-assessments of the Government Pension Fund’s adherence to the Santiago Principles, cf. separate reviews of the GPFG and the GPFN, respectively. This self-assessment documents the

Recommendation of 15 February 2006