The economy
In the Government, it is the Minister of Finance’s responsibility to draw up and coordinate economic policy. The Ministry of Finance acts as the secretariat for the Minister of Finance. It is the political authorities – the Government and the Storting – that make the decisions.
The Norwegian Fiscal Policy Framework
The Government Pension Fund Global and the fiscal rule have since 2001 set out the plan for the phasing-in of petroleum income and investment returns to the Norwegian economy. The Government Pension Fund Act stipulates that the State’s net cash flow from the petroleum industry shall in its entirety be transferred to the Government Pension Fund Global, and that resources in the Fund can only be transferred to the budget pursuant to a decision by Parliament.
General tax conventions between Norway and other states
General tax conventions for the avoidance of double taxation and the prevention of fiscal evasion,and other international agreements regarding tax matters.
The National Budget 2025
Information about Norway's National Budget for 2025, presented to the Storting as Report no. 1 (2024-2025) on 7 October 2024.
Meld. St. 22 (2023–2024)
The Government Pension Fund 2024
Latest on the economy
What's new
- State Secretary Kravik’s remarks at the G20 Anti-Corruption Ministerial Meeting Speech/statement 25/10/2024
- Henry George Lecture at St. Johns University: Norway’s Historical Experience with Taxing & Regulating the Exploitation of Its Natural Resources Speech/statement 23/10/2024
- State budget for 2025: Bolstering investment in women’s health News story 17/10/2024
- State budget for 2025: Norwegian government making arrangements for 1,500 round-the-clock care places News story 16/10/2024
- State budget for 2025: NOK 400 million for mental health and substance abuse News story 16/10/2024
Documents
- Meld. St. 1 (2024–2025) - The National Budget 2025 Report to the Storting 07/10/2024
- Prop. 1 LS (2024–2025) - Taxes 2025 Proposition 07/10/2024
- Meld. St. 31 (2023–2024) - Long-term Perspectives on the Norwegian Economy 2024 Report to the Storting 09/08/2024
- Meld. St. 22 (2023–2024) - The Government Pension Fund 2024 Report to the Storting 12/04/2024
- Notification - CO2 tax - exemption for undertakings covered by the ETS Letter 05/03/2024
Related topics
Contact
Ministry of Finance
E-mail: postmottak@fin.dep.no
Phone:
(+47) 22 24 90 90
Address:
Postboks 8008 Dep, 0030 Oslo
Visitor address:
Akersgata 40, 0180 Oslo
Economic Policy Department
E-mail: postmottak@fin.dep.no
Phone:
+47 22 24 90 90
Address:
Postboks 8008 Dep, 0030 Oslo
Visitor address:
Akersgata 40, 0030 Oslo