Norway’s Government More Confident That Growth Will Rebound

The Norwegian government forecast a slightly faster pace of expansion for the mainland economy this year, saying it was on the right track to keep unemployment low through difficult times.

Mainland gross domestic product will probably grow 0.9% this year and 1.6% in 2025, according to estimates published Monday by the Finance Ministry ahead of the government’s budget conference. That compares with the October forecasts of 0.8% and 1.9%, respectively.