Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Norway to Spend Less Than 4% Rule Over Next Years, Johnsen Says

Don't Miss Out —
Follow us on:

March 29 (Bloomberg) -- Norway’s government should spend less than 4 percent of the nation’s sovereign wealth fund in the next few years, as it takes into account the country’s economic expansion, the finance minister said.

The government will return to the fiscal spending rule this year, Sigbjoern Johnsen wrote today in an article published in Aftenposten.

The rule requires the government to limit spending to the average return on the country’s oil fund, estimated at an annual 4 percent.

Click here for web link

To contact the editor responsible for this story: Josiane Kremer at jkremer4@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.