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News and press releases

Latest news from the Ministries and the Office of the Prime Minister can be found here.

News and press releases from previous governments can be found in the Historical archive.

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    Ministry of Finance

Showing 81-93 of 93 results.

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  • Strengthening climate risk efforts in the Government Pension Fund Global

    01/04/2022 Press release Ministry of Finance

    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

  • Responsible long-term management of the Government Pension Fund

    01/04/2022 Press release Ministry of Finance

    The Ministry of Finance is today publishing the white paper The Government Pension Fund 2022. Key topics in this paper are climate risk and the review of active management of the Government Pension Fund Global (GPFG).

  • A new normal for Norway

    14/03/2022 Press release Ministry of Finance

    The Norwegian economy is booming. COVID-19 restrictions are lifted and we are heading out of the pandemic. Economic growth is strong, unemployment is low. A shortage of labor is leading to mounting pressure. At the same time, the war in Ukraine

  • The Government Pension Fund Global to exit Russia

    28/02/2022 Press release Ministry of Finance

    The Ministry of Finance has today informed the Fund manager Norges Bank to immediately freeze all investments made by the Government Pension Fund Global (GPFG) in Russia. The Ministry has further requested Norges Bank to prepare a plan for the

  • 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 Affairs

    The 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

  • OECD on the Norwegian economy: High activity and challenges for fiscal policy

    22/02/2022 Press release Ministry of Finance

    OECD 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

  • Major initiative to promote offshore wind power

    12/02/2022 Press release Office of the Prime Minister, Ministry of Energy, Ministry of Finance, Ministry of Trade, Industry and Fisheries

    The Government has announced plans to implement phase one of wind power production in the area of Sørlige Nordsjø II. The electricity produced from these wind farms will be transmitted via subsea cable to the Norwegian mainland. The goal is to

  • Expert group report on Norges Bank’s active management of the GPFG

    07/01/2022 News story Ministry of Finance

    On 3 January 2022, the expert group reviewing Norges Bank’s active management of the Government Pension Fund Global (GPFG) submitted its report to the Ministry of Finance.

  • New rules on covered bonds

    17/12/2021 Press release Ministry of Finance

    Today, the Government has proposed new legislation to implement the Covered Bonds Directive in Norway.

  • Government launches electricity support package worth billions

    11/12/2021 Press release Office of the Prime Minister, Ministry of Energy, Ministry of Finance

    The government has today announced a temporary scheme that will help ordinary people across Norway to cope with their electricity bills this winter, with energy prices recently reaching new record highs. The scheme will provide support to households

  • Change in the mandate for the committee on long-term perspectives for the Government Pension Fund Global

    09/11/2021 Press release Ministry of Finance

    The 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

  • Amendment to the 2022 Fiscal Budget Proposal: A new and fairer course for the whole of Norway

    08/11/2021 Press release Ministry of Finance

    Opportunities 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.

  • 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 Finance

    To 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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