News and press releases
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The Norwegian Government recommends that the asset management of the Government Pension Fund Global (GPFG) remains in Norges Bank
2018-10-19 Press release Ministry of Finance“The Government proposes a new and modernised governance structure for Norges Bank. Moving forward, this new structure lays the foundations for the sound management of the central bank and of the GPFG”, says Minister of Finance Siv Jensen.
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Norway requests establishment of dispute settlement panel in WTO case against US
2018-10-18 Press release Ministry of Foreign Affairs‘Norway considers the additional tariffs on steel and aluminium imposed by the US to be in violation of WTO rules. The WTO dispute settlement mechanism is the normal way of resolving disagreement if consultations have not provided a solution. This
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Nine prime ministers to discuss health technology in Oslo Deadline for accreditation
2018-10-17 Press release Office of the Prime MinisterPrime Minister Erna Solberg has invited the prime ministers of the Nordic and Baltic countries and the UK to discuss the role of health technology in health services in the future at this year’s Northern Future Forum. The main aim of the meeting
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Environmental solution for the shipwreck of the WW II submarine U-864
2018-10-15 Press release Ministry of Transport and CommunicationsThe Norwegian Government has concluded on capping the U-864 shipwreck with clean masses, thereby preventing future mercury pollution from the wreck and the surrounding seabed.
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Norway to provide NOK 450 million for development in Somalia
2018-10-12 Press release Ministry of Foreign AffairsDuring the World Bank’s annual meeting in Bali, Minister of International Development Nikolai Astrup signed an agreement committing Norway to contribute NOK 450 million to Somalia through the World Bank’s Multi Partner Fund for Somalia for the next
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Changes among the state secretaries
2018-10-12 Press release Office of the Prime MinisterIn today’s session of the Council of State, the King has appointed Mr. Sveinung Rotevatn as state secretary to Minister of Climate and Environment, Mr. Ola Elvestuen. At the same time, Mr. Sveinung Rotevatn, has been discharged as state secretary to
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The National Budget 2019: Continued focus on transport and communications
2018-10-09 Press release Ministry of Transport and Communications“The government’s focus on transport and communications links the nation ever closer together. We are building roads and railways at a pace never before seen, with particular focus on technology. In pursuing our objectives in this sector we are
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Changes among the political advisers
2018-10-09 Press release Office of the Prime MinisterThe Office of the Prime Minister has as of 10 October 2018 appointed Mr. Bjørn Siem Knudsen as political adviser to Minister of Petroleum and Energy, Mr. Kjell-Børge Freiberg.
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National budget 2019: Increased efforts on carbon capture and storage
2018-10-08 Press release Ministry of Petroleum and EnergyIn the national budget for 2019, the Norwegian government proposes to allocate about NOK 670 million to work on carbon capture and storage (CCS). This is an increase of more than NOK 160 million compared to the final budget for 2018.
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National Budget 2019: Mapping of petroleum resources in the Northern parts of the Barents Sea
2018-10-08 Press release Ministry of Petroleum and EnergyThe government proposes to increase funding to geological surveying with NOK 50 million, to continue the acquisition of knowledge through mapping of the petroleum resources in the Northern parts of the Barents Sea.
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National budget 2019: NOK 286 billion in net revenue from the petroleum industry in 2019
2018-10-08 Press release Ministry of Petroleum and EnergyThe State’s net cash flow from the petroleum industry in 2019 is estimated to about NOK 286 billion.
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Priority given to countries affected by conflict and fragility, humanitarian assistance, and human rights
2018-10-08 News story Ministry of Foreign Affairs‘International institutions and joint solutions are under pressure. At the same time, global security challenges are becoming more complex. In the 2019 budget, the Government has therefore proposed to increase the allocation to countries affected by
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NOK 2.5 billion increase in aid budget for 2019
2018-10-08 News story Ministry of Foreign Affairs‘The Government intends to maintain a high level of aid and has proposed spending NOK 37.8 billion on aid in 2019. This corresponds to about 1 % of Norway’s gross national income and is NOK 2.5 billion more than in 2018,’ said Minister of
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Restructured budget proposal for 2019 from the Ministry of Foreign Affairs
2018-10-08 News story Ministry of Foreign AffairsThe Ministry of Foreign Affairs has restructured its budget. The Ministry’s budget proposal for 2019 is shorter and more concise than previously, and many allocations have been consolidated thematically.
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National Budget 2019: New reporting requirements for tip income
2018-10-08 Press release Ministry of FinanceAn employee receiving tip income is liable to pay income tax on this payment. However, contrary to the general rules, the employer is not liable to report such income to the Tax Authorities. Tip income is therefore rarely taxed in practise. In the
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Increased support for the Western Balkans
2018-10-08 Press release Ministry of Foreign Affairs‘We cannot take stability in the Western Balkans for granted. Developments this summer and early autumn have shown that there is still a need for international support and engagement in the region. The Government is therefore proposing an increase
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Increased funding for Europe’s southern and eastern neighbourhood
2018-10-08 Press release Ministry of Foreign Affairs‘Parts of Europe’s southern and eastern neighbourhood are still severely affected by fragility and conflict . Much of the Sahel region, for example, remains unstable and provides a breeding ground for a variety of threats ranging from extremism to
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Increase of NOK 250 million to humanitarian crises
2018-10-08 Press release Ministry of Foreign AffairsThe Government proposes to increase the humanitarian budget by about NOK 250 million in 2019.
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Norway to increase funding for human rights
2018-10-08 Press release Ministry of Foreign Affairs‘Human rights are coming under increasing pressure in various parts of the world. This is why the Government has proposed an increase of NOK 88 million in its support for promoting human rights in next year’s budget, to a total of NOK 680 million,’
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Increased funding for technical cooperation in development policy
2018-10-08 Press release Ministry of Foreign AffairsThe Knowledge Bank was established under Norad (the Norwegian Agency for Development Cooperation) on 1 March 2018 to coordinate and strengthen technical cooperation and knowledge-sharing in areas where Norway has particular experience and expertise.