Norway Increases Oil Wealth Spending to Ward Off RecessionBy and
Fiscal stimulus impulse rises to 1.1ppt from 0.7ppt: Budget
Withdrawals from oil fund to rise to NOK84 billion in 2016
Norway’s government boosted the amount of oil money it will spend this year to a record, dipping deeper into its sovereign wealth fund to ward off a recession.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.