News about the Revised National Budget 2020
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Revised National Budget: Norway’s development aid budget is adjusted to meet needs created by the coronavirus pandemic
12/05/2020 News story Ministry of Foreign AffairsNew hardships have arisen during the coronavirus crisis. Poor countries with weak health systems and large, vulnerable population groups are likely to be the hardest hit. To mitigate the health, social and economic consequences of the pandemic, Norway was quick to devise initiatives and measures capable of saving lives and reducing the pandemic’s damaging effects.
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Norwegian Government proposes increased support for World Bank’s International Development Association, IMF’s Catastrophe Containment and Relief Trust and lending schemes for low-income countries
12/05/2020 Press release Ministry of Foreign Affairs, Ministry of Finance‘We must protect those who are most vulnerable, and prevent today’s health crisis from becoming tomorrow’s hunger disaster and social crisis,’ said Minister of International Development Dag-Inge Ulstein.
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Revised National Budget: Norway allocates a further NOK 38.2 million to humanitarian efforts
12/05/2020 Press release Ministry of Foreign AffairsThe goal of humanitarian action is to save lives, alleviate suffering and protect human dignity in humanitarian crises. The coronavirus pandemic is making the situation even more difficult for people who are already vulnerable. The Government has therefore proposed increasing the humanitarian budget by NOK 38.2 million in order to address the extraordinary challenges posed by the pandemic.
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Revised National Budget: Norway increases support for sub-Saharan Africa
12/05/2020 Press release Ministry of Foreign Affairs‘What has been a crisis for Norway could become a disaster in developing countries. African governments are facing major challenges in dealing with the coronavirus pandemic. In this situation, Norway will do more to assist these countries strengthen their health systems and assist vulnerable people,’ said Minister of International Development Dag-Inge Ulstein.
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Revised National Budget: Norway to strengthen global health efforts in response to coronavirus pandemic
12/05/2020 Press release Ministry of Foreign Affairs‘In Malawi, only 600 tests for Covid-19 have been conducted for a population of 17.5 million. It is vital that more developing countries are able to increase their testing capacity and have access to personal protective equipment,’ said Minister of International Development Dag-Inge Ulstein.
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Revised National Budget: A budget to help us safely reclaim ordinary life
12/05/2020 Press release Ministry of Finance, Office of the Prime MinisterThe Norwegian economy has suffered its most severe setback ever in peacetime. However, the Government is laying the groundwork for Norway’s emergence from the crisis.
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Revised National Budget: Production tax on the aquaculture industry ensures stable and predictable revenues for the host municipalities
12/05/2020 Press release Ministry of Finance, Ministry of Trade, Industry and FisheriesThe Government proposes to introduce a production tax on farmed salmon, trout and rainbow trout in the National Budget for 2021. The revenues from the production tax shall be split between regional and local governments. The split of revenues from sales of capacity increase is adjusted.
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Revised National Budget: Key figures in the Revised National Budget 2020
12/05/2020 Press release Ministry of FinanceTo ensure simultaneous access to market-sensitive information the Ministry of Finance publishes selected key figures prior to the budget launch at 10:45. More detailed estimates will be published together with the Revised National Budget.