News and press releases from previous governments can be found in the Historical archive.
News and press releases
Latest news from the Ministries and the Office of the Prime Minister can be found here.
Showing 81-100 of 113 results.
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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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Norway is strengthening cooperation with the EU to combat VAT fraud
21/03/2025 News story Ministry of FinanceThe Norwegian Government is requesting the Storting (the Norwegian Parliament) for consent to implement a renegotiated agreement with the EU on administrative cooperation in the VAT area. According to the new Agreement, Norwegian tax authorities
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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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Norway meeting EU finance ministers
20/09/2025 News story Ministry of FinanceNorway was invited as one of the few guest countries at the EU Finance Ministers' Meeting (ECOFIN) for the second time this year to discuss how Europe should deal with a world with more uncertainty.
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Revised National Budget: More funding for low-threshold measures in mental health and substance abuse care
16/05/2023 News story Ministry of Health and Care ServicesIn its proposal for the revised 2023 National Budget, the Norwegian Government will allocate NOK 53 million to strengthen four grant schemes for low-threshold measures in the area of mental health and substance abuse care.
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Expert group report on Norges Bank’s active management of the GPFG
07/01/2022 News story Ministry of FinanceOn 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.
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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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A Strong Defence Budget for Demanding Times
06/10/2023 News story Ministry of DefenceThe Norwegian Government´s proposal for the 2024 defence budget increases national defence capability and strengthens military readiness at a time of war in Europe. It also follows up Norway’s commitments to NATO and demonstrates solidarity with
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The Government Pension Fund Global to exit Russia
28/02/2022 Press release Ministry of FinanceThe 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
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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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A new normal for Norway
14/03/2022 Press release Ministry of FinanceThe 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
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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.
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The National Budget 2024: A budget to safeguard Norwegian households
06/10/2023 Press release Ministry of FinanceThe budget for 2024 provides security and opportunity for people and businesses throughout Norway. There are expenditure increases in several areas due to war in Europe, a record number of refugees and higher prices. The Government’s priorities are
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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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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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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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Increased resource rent tax on hydropower
28/09/2022 News story Ministry of FinanceThe Government is proposing to increase the effective resource rent tax rate on hydropower from 37 per cent to 45 per cent, with effect from the 2022 fiscal year.
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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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Revised state budget: Ombudsman for the Elderly to close
12/05/2022 News story Ministry of Health and Care ServicesThe government has announced in its revised state budget that it intends to dissolve Ombudsman for the Elderly (Eldreombodet) as of 1 July 2023. As a result, the budget also proposes a NOK 1 million reduction to the service’s grant for the current