Strong warning from Stoltenberg: Must cut 90 billion in one year
The government's proposal for a revised state budget proposes spending 579 billion kroner this year. That is an increase of almost 167 billion kroner in two years. This means that more than 1 in 4 kroner (26 percent) that the state spends is now taken from the oil fund. In practice, this means that the state's spending is completely at the mercy of the oil fund remaining large – a…
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Strong warning from Stoltenberg: Must cut 90 billion in one year
The government's proposal for a revised state budget proposes spending 579 billion kroner this year. That is an increase of almost 167 billion kroner in two years. This means that more than 1 in 4 kroner (26 percent) that the state spends is now taken from the oil fund. In practice, this means that the state's spending is completely at the mercy of the oil fund remaining large – a…