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Norwegian Government to expand and extend support for Ukraine’s fight for freedom
07/10/2024 Press release Ministry of Foreign Affairs, Ministry of Defence, Office of the Prime MinisterThe Norwegian Government is proposing to increase the overall funding framework for the Nansen Support Programme for Ukraine to NOK 135 billion and to extend the Support Programme for an additional three years. The proposed allocation represents a
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Large revenues from the petroleum industry in 2024
07/10/2024 Press release Ministry of EnergyThe 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.
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The Revised National Budget: High production generates large revenues from the petroleum industry
19/05/2025 Press release Ministry of EnergyThe world needs large amounts of oil and gas every day. In recent years, revenues from the petroleum sector have been at historically high levels, and the government expects these revenues to remain high in 2025. In the revised national budget, the
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IMF on the Norwegian economy: robust and well equipped for turbulence
28/08/2025 News story Ministry of FinanceThe Norwegian economy is strong and growth-strong, and in a good position to navigate highly uncertain international waters, the IMF states in its Article IV consultation for 2025.
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IMF: Strong economic growth
09/06/2022 Press release Ministry of FinanceThe 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
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The IMF's Article IV consultation for 2022 has been completed
20/09/2022 News story Ministry of FinanceOn 9 June, the IMF's delegation to Norway submitted its assessment of the Norwegian economy and Norwegian economic policy to the government. The full report has now been finalized by the IMF Board..
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Amendment to the 2022 Fiscal Budget Proposal: A new and fairer course for the whole of Norway
08/11/2021 Press release Ministry of FinanceOpportunities 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.
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Amendment to the 2022 Fiscal Budget Proposal: Key figures in the Amendment to the 2022 Fiscal Budget Proposal
08/11/2021 Press release Ministry of FinanceTo 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.
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Change in the mandate for the committee on long-term perspectives for the Government Pension Fund Global
09/11/2021 Press release Ministry of FinanceThe 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
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The Norwegian Government’s proposed resource rent tax on aquaculture
28/03/2023 Press release Office of the Prime Minister, Ministry of FinanceThe Government will today present a bill proposing a resource rent tax on aquaculture. The intention of the proposal is to ensure that local communities along the coast and society as a whole receive a greater share of the value that is created by
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Norway to increase support for humanitarian efforts and government administration in Ukraine
30/09/2022 Press release Ministry of Foreign Affairs‘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
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The National Budget 2023: A budget for security and fair distribution
06/10/2022 Press release Ministry of FinanceThere is a war and an energy crisis in Europe. High inflation is affecting people’s lives. The Government’s response is a fair and responsible budget, which improves distribution and enhances security at a challenging time.
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The National Budget 2023: More for hospitals and 24-hour treatment in the mental healthcare sector
07/10/2022 Press release Ministry of Health and Care ServicesThe government is proposing to increase the operating budget for Norway’s hospitals by a total of NOK 2.7 billion. NOK 2 billion will go to increasing activity growth, while NOK 700 million will go to increasing basic funding. NOK 150 million of
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Strengthens the Armed Forces and prioritizes daily preparedness and operations
06/10/2022 News story Ministry of DefenceThe 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
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National budget 2026: Three concrete budget measures for better and more accessible GP services
22/10/2025 News story Ministry of Health and Care ServicesThe 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.
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National budget 2026: A hospital budget for faster hospital care
27/10/2025 News story Ministry of Health and Care ServicesThe 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.
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OECD on the Norwegian economy: High activity and challenges for fiscal policy
22/02/2022 Press release Ministry of FinanceOECD 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
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The National Budget 2024: The Government will introduce a resource rent tax on onshore wind power from 2024
06/10/2023 Press release Ministry of Finance, Office of the Prime MinisterThe 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
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Norway to increase support to Ukraine and provide military equipment
27/02/2022 Press release Office of the Prime Minister, Ministry of Defence, Ministry of Finance, Ministry of Foreign AffairsThe 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
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The National Budget 2024: Key Figures in the National Budget 2024
06/10/2023 Press release Ministry of FinanceThe 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.