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The National Budget 2021

Information about Norway's National Budget for 2021 was published on 7 October 2020. The National Budget presents the Solberg Government's programme for the implementation of economic policy and projections for the Norwegian economy.

Consultation on resource rent tax on onshore wind power

The Government proposes to introduce a resource rent tax on onshore wind power from 2023 and is today sending the proposal for consultation, as described in the State Budget for 2023. It is one of several resource rent proposals which will lead to

Revised strategy for combating work-related crime (2019–)

The Government presented its strategy for combating work-related crime in 2015. The strategy was revised and updated in 2017, and it has now also been subject to a new revision in February 2019.

The Government’s first meeting on the budget for 2024

The budget conference takes place against a backdrop of high activity in the Norwegian economy and record high employment numbers. However, Norway is also affected by global crises and unrest - war in Europe, the energy crisis and climate change.

Report No. 24 to the Storting (2006-2007) - On the Management of the ­Government Pension Fund in 2006

The Norwegian Government’s Action Plan for combating economic crime

The Government is giving priority to increased efforts against economic crime. An action plan for combating economic crime with measures aimed at several areas of society, will be implemented over the course of 2004-2007.

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 National Budget 2023: Key Figures in the National Budget 2023

To ensure simultaneous access to information which may be market sensitive, the Ministry of Finance publishes selected key figures at 8:00AM prior to the budget launch at 10:00 am. More detailed projections will be published with the National Budget.

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

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

Adherence of the Government Pension Fund Global (GPFG) 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

Government budget 2024: Norway will continue to receive patients from Ukraine

The government has proposed a grant of NOK 200 million in 2024 to support the treatment of patients from Ukraine in Norwegian hospitals. To date, more than 300 patients have arrived in Norway as part of the medevac scheme. Since the start of the war

The National Budget: A green aid budget with a focus on solidarity

The Government has proposed an aid budget of over NOK 41 billion for 2022. In order to address the climate threat, the Government has proposed a significant increase in funding for efforts in the areas of renewable energy, food security and climate

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

Consultation on a proposal for amendments to the Norwegian VAT Act regarding cross-border trade of services from businesses to consumers

The Norwegian Ministry of Finance hereby presents a proposal for amendments to the Norwegian VAT Act regarding cross-border sales of services from businesses to consumers (B2C). It is proposed that all purchases of remotely deliverable services from

The IMF's Article IV consultation for 2023 has been completed

On 8 June, the IMF's delegation to Norway presented its yearly assessment of the Norwegian economy and Norwegian economic policy to the government.  The full report has now been concluded by the IMF Executive Board.

NOU 2021: 4 - Norway towards 2025 – Summary

High-price contribution on wind and hydropower

The Government is proposing to introduce a high-price contribution, with the rate set at 23 per cent of the electricity price in excess of NOK 0.70 per kWh. The contribution is designed as an excise duty payable to the treasury. The tax will be

Resource rent tax on onshore wind energy

The government proposes the introduction of resource rent tax on onshore wind energy as from 2023. The proposal will be referred for public consultation before the end of the year, and involves the taxation of resource rent at an effective rate of

Adjustment of local and county authorities’ general grant

The Government proposes a one-year deduction in the general grant to local and county authorities with income from licence power. The proposal applies to local and county authorities in the areas with the highest electricity prices.

The National Budget 2023: Boost for the mental health and substance abuse fields

The government is prioritising health and addiction services, and is to commit NOK 300 million to strengthening the area.