GAPP Principle 17
Relevant financial information regarding the SWF should be publicly disclosed to demonstrate its economic and financial orientation, so as to contribute to stability in international financial markets and enhance trust in recipient countries.
Status: Implemented
Folketrygdfondet reports to the Ministry of Finance on the performance of the GPFN on a quarterly basis.
Annual and biannual reports by Folketrygdfondet on Fund performance are publicly disclosed. See response to principle 11 for further information as to the contents of such reports. Relevant financial information is also included in the government budget and the government accounts.
Sources: GPFN mandate, Regulation on Financial Reporting, Ministry of Finance’s and Folketrygdfondet’s websites.