TableOfContents Norway

With continued strong growth in the Fund capital and high activity in the Norwegian economy, it will be consistent with the fiscal policy guidelines for the spending of

The Government Pension Fund Global and the fiscal rule serve to facilitate stability and strong eco- nomic growth in the mainland economy, whilst also making

This partly insulates the economy from fluctuations in oil prices and extraction rates in the petroleum sector - and when followed it ensures that revenue spending in the

In 2016, it was 20 years since the Ministry of Finance made the first capital transfer to the Government Petroleum Fund, as the Government Pension Fund Global (GPFG) was aptly

average petroleum revenue spending over the cycle to the expected real return on the fund – currently estimated at 3 percent – over a business cycle.. The rule established a long

• Norges Bank is responsible for the management of the Bank’s foreign exchange reserves and the Government Pension Fund Global (GPFG).. The GPFG aims to obtain the highest

2 (Jacobs Engineering) from the investment universe of the Government Pension Fund Global (GPFG) due to the companies' production of key components of nuclear weapons. 2

The management of the fixed income investments of the Government Pension Fund Global (GPFG) has been based on a strategic benchmark contain-.. ing around