From oil and gas to financial assets – Norway’s Government Pension Fund – Global

Annual rise in market prices and twelve-month change in debt.. Expected real return on the Government Pension Fund – Global and structural non-oil deficit. In billions of

– Withdrawals from the Fund may only be used to cover government budget deficits – no subversive second budget. – A fiscal rule limits the withdrawals to the expected real return

Hearing before the Standing Committee on Hearing before the Standing Committee on Finance and Economic Affairs of the Storting 18 May

Information and communications services System and decision- making support System support for trading

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

Fiscal rule: Over time spend real return of the fund,. estimated at

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

The ideas launched by the Beveridge Commission in 1942 set the pace for major reforms in post-war Britain, and inspired Norwegian welfare programmes as well, with gradual