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The Fiscal Policy Framework Has Been Put Into Place.
Summary by Kringvarp Føroya
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Ruth Vang, Minister of State for Finance, has now come to Parliament with a proposal that she has talked a lot about for a long time, namely a fiscal policy regulation. The purpose of the proposal is to slow down the growth in operating expenditure, so that expenditure increases by a maximum of one percent compared to expenditure in previous years, projected by wage and price increases. The proposal does not cover the expenditure of the municip…
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