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Norway plans to spend $63.6 billion from wealth fund in 2027

Summary by Reuters

Norway's minority Labour Party government said on Wednesday it plans to raise its spending level in ‌2027 from the country's $2.3 trillion sovereign wealth fund to help cover public expenses.

13 Articles

Handelsblatt

Lean Right

Budget: Norwegian Government Wants to Draw More Money From Sovereign Funds

Norway wants to put some 57 billion euros from its sovereign wealth fund into the budget – more than it has done so far. At the same time, the government is reducing its growth forecast for the current year.

1 hour ago·Düsseldorf, Germany

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Bloomberg

Center

Norway Seeks to Keep Wealth Fund Spending Steady in 2027 Budget

Norway plans to cover public expenditures from its $2.3 trillion sovereign wealth fund in 2027 at the same rate as this year to avert fanning price pressures.

1 hour ago·New York, United States

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Aftenposten

Lean Right

The Government Will Spend NOK 608 Billion From the Oil Fund: — Suggests a Neutral Budget

The way the budget looks now, it won't affect interest rates, chief economists say.

2 hours ago·Oslo, Norway

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Reuters

+2 Reposted by 2 other sources

Center

Norway plans to spend $63.6 billion from wealth fund in 2027

Norway's minority Labour Party government said on Wednesday it plans to raise its spending level in ‌2027 from the country's $2.3 trillion sovereign wealth fund to help cover public expenses.

2 hours ago·London, United Kingdom

Read Full Article