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Norway and the Age of Energy

'We are transitioning out of oil, out of gas, out of fossil, and now into a new chapter. I emphasize transitioning, because this is complex; when energy sources shift, power shifts and politics shifts', said Prime Minister Jonas Gahr Støre.

By Prime Minister Jonas Gahr Støre Columbia University, World Leaders Forum

G20 Summit in Johannesburg: Inclusive and sustainable economic growth

Dear President Ramaphosa, dear colleagues, it has been a privilege for Norway to be an invited country during South Africa’s G20 presidency.

By Prime Minister Jonas Gahr Støre The speech was held by State secretary Halvard Ingebrigtsen

A Resilient World

Dear President Ramaphosa, dear colleagues. As my Irish colleague said, we were at COP30 in Belem two weeks ago. And although there are reasons to be very concerned about climate change, at least we can see that the Paris agreement is working.

By Prime Minister Jonas Gahr Støre Remarks at the G20 Summit in Johannesburg

NOU 2023: 25 - The transition to low emissions

Climate policy choices towards 2050

Key Figures 2008: Overview and rates of direct and indirect taxes

Key figures for the Norwegian economy, main figures of the Fiscal Budget and rates of direct and indirect taxes.

Annual white paper on the Government Pension Fund

Today, the Ministry of Finance submits the white paper The Government Pension Fund 2023 to the Storting. Topics in this year’s paper include how international economic and political developments may affect the Government Pension Fund Global, and a

Meld. St. 17 (2022–2023) - The Government Pension Fund 2023

Revised National Budget: A responsible budget that provides security for people throughout Norway

In the revised budget, the government will prioritise crucial public services such as healthcare, the police and refugees. Providers of public services and benefit recipients will receive compensation for wage growth and inflation. The government

Revised National Budget: Key figures in the Revised National Budget 2023

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 forecasts will be published in the Revised Budget.

Revised National Budget: Additional round-the-clock care places

To ensure good and safe health and care services for the elderly, the Government proposes to increase the grant limit for round-the-clock care facilities by NOK 2 billion. The Government also proposes to expand the Tørn programme under the Norwegian

Revised National Budget: Hospitals will receive larger budgets

The Norwegian Government proposes a permanent budget increase for hospitals, in addition to extraordinary price and wage adjustments in the hospital budgets. This amounts to a total of NOK 4.7 billion.

Revised National Budget: Postponed implementation of resource rent tax on onshore wind power

The Government wants a larger share of the value which is created from the country’s common natural resources to benefit local communities, municipalities and society as a whole. The Government notified its intention to propose a resource rent tax

Prop. 112 S (2022–2023) - The municipal proposition 2024 – chapter 4

4 The General Purpose Grant Scheme for the county authorities

In the municipal proposition, the Norwegian government presents its policy for the municipal sector. The new General Purpose Grant Scheme for county authorities was presented in Proposition 112 S (2022-2023) and has been translated.

IMF: Favourable growth prospects, solid fundamentals and policy management

The International Monetary Fund (IMF) today presented its yearly assessment of the Norwegian economy and Norwegian economic policy. An IMF delegation has spent the last week meeting Norwegian authorities, academic and financial institutions and

Prop. 1 LS (2023–2024) - Taxes 2024

Prop. 1 LS (2023–2024) Proposition to the Storting (Bill and Draft Resolution) For the 2024 Budget Year

Revised National Budget: “Norway Price” for Electricity and District Heating

The government proposes allocating NOK 1,265 million to the support scheme for electricity and district heating, called “Norway Price”, for households in 2025. The plan is to introduce the support scheme from the 1st of October 2025.

Recommendations from the working group on government transactions and the money market

In June 2023, the Ministry of Finance appointed a working group composed of experts from Norges Bank (Central Bank of Norway) and the Ministry of Finance to examine the effects of government transactions on the money market. The working group has

Revised National Budget: Additional child-related expertise at asylum reception centres

The Norwegian Government proposes allocating NOK 17.2 million in funding to increase child-related expertise at asylum reception centres.

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.

Strengthening climate risk efforts in the Government Pension Fund Global

The Government will strengthen the efforts on climate risk in the Government Pension Fund Global (GPFG). The changes proposed in the white paper The Government Pension Fund 2022 are largely in line with the recommendations in the expert report