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Ministry of Finance
The Ministry of Finance is responsible for economic policy, the national budget, taxes and duties, and the financial markets.
Latest from Ministry of Finance
Finance Ministry asks Finanstilsynet to assess Norwegian implementation of Omnibus IV changes to the Prospectus Regulation and MiFID II
- The Ministry of Finance asks Finanstilsynet to check which Norwegian laws must change to follow new EU rules (letter of 12 October 2026).
- Finanstilsynet must send draft law changes and a consultation paper by 1 February 2027. The date may slip if EU work takes longer.
BusinessEØSLegislation+ 4 more bullets in the app- Public consultation
Finanstilsynet proposes allowing any fund to have unit classes with different currency hedging, regardless of issue currency
- The Ministry of Finance has sent out a proposal from the financial regulator, Finanstilsynet, dated 31 August 2026, on currency hedging in investment funds. The deadline for responses is 7 December 2026.
- The proposal amends the Securities Funds Regulation § 4-2(1). A fund could have unit classes with different currency hedging of its investments, even if the fund has no unit classes in different currencies.
BusinessConsumer protectionEØS+ 9 more bullets in the app - News article
Norwegian State Secretary assures Ukraine's ambassador of continued support
- State Secretary Sissel Kruse Larsen of the Ministry of Finance met Ukraine's ambassador to Norway, Oleksiy Petrovytj Gavrysh, on Friday 9 October. They talked about Norwegian support for Ukraine, among other things.
- The ambassador said many civilians have been killed or hurt, and that he is worried about winter. He also said Russian attacks have shut down many businesses in Ukraine.
Foreign policyUkraineWar+ 2 more bullets in the app - Press release
Finance Minister Stoltenberg to receive committee report on ethics of the oil fund on 15 October
- Finance Minister Jens Stoltenberg gets the committee's report on the ethics of the oil fund (the Government Pension Fund Global) on 15 October 2026 at 09:00. The event is in the R5 auditorium, Akersgata 59.
- Stoltenberg speaks first. Then committee chair Svein Gjedrem hands him the report and explains the main points. The entry does not say what the committee found.
BusinessPensions+ 1 more bullet in the app - Press release
Committee on ethical framework for the Government Pension Fund Global to hand its report to Finance Minister Stoltenberg on 15 October
- A committee has reviewed the ethical rules for Norway's oil fund (the Government Pension Fund Global). It hands its report to Finance Minister Jens Stoltenberg on Thursday 15 October 2026.
- Stoltenberg gives an introduction. Then committee chair Svein Gjedrem hands over the report and explains its main points. What the report says is not yet known.
BusinessPensionsPublic administration+ 4 more bullets in the app - Op-ed
Stoltenberg: Budget aims to create security with more for defence, welfare and lower taxes
- The government wants to spend NOK 6.5bn more on defence. It will also keep giving NOK 85bn to Ukraine in the fifth year of war in Europe.
- Hospitals and municipalities get NOK 6.3bn more. Municipalities get NOK 3.2bn more to spend freely, and hospitals get NOK 3.1bn more. There is also support for more nursing homes and care housing, and for teaching in small groups at school.
HospitalMunicipalitiesNational defence+ 7 more bullets in the app - Budget
State Budget 2027 for Vestland: major transport investments, study places and cuts to fishing fleet fuel support
- Transport: The government proposes NOK 1,050m to start building the Stad Ship Tunnel. The Sotra link will be delayed beyond Q4 2027, and no one knows by how much. The Nygård tunnel is upgraded from spring 2027, the Lærdal tunnel from autumn 2026, E134 Røldal–Seljestad opens in 2030 and the Voss line/E16 in 2039.
- Bergen gets NOK 822m through the urban growth agreement (a deal to improve public transport, cycling and walking and stop traffic growth). NOK 467m goes to public transport operations, NOK 141m to the light rail and NOK 65m to cheaper period tickets. New talks may start in spring 2027 after decisions on the Åsane light rail.
FisheriesHigher educationNational defence+ 9 more bullets in the app - Budget
State Budget 2027 for Nordland: heavy defence investment, major transport funding and cuts for the fishing fleet
- Defence: The state plans to spend about NOK 1.4bn on buildings and facilities in 2027, including Evenes and Bodø, and a radar station on Vestvågøy. It will also buy air defence for NOK 1.7bn, ships for NOK 8.5bn (new submarines about NOK 7bn) and fighter jets for nearly NOK 3.5bn.
- Andøya spaceport gets NOK 323.3m for a new launch pad and further development. The Norwegian Defence Research Establishment (FFI) will start a new effort in northern Norway, with Tromsø as main site and Andøya as an extra site.
AviationHospitalMunicipalities+ 9 more bullets in the app - Report
Comprehensive guide to calculating tax and duty revenue impacts for Norway's 2027 budget with advanced modeling of behavior and economic effects
- The Ministry of Finance describes exactly how it calculates the revenue effects of tax and duty changes for the 2027 budget.
- They use models called LOTTE and KAJA developed by Statistics Norway and the Ministry to estimate effects on tax revenue, behavior, and the economy.
AgricultureAquacultureBusiness+ 8 more bullets in the app - Speech
Stoltenberg presents 2027 'security' budget: NOK 6.4bn income tax cuts and defence at 3.4% of GDP
- Main message: the budget aims to make the country safer in uncertain times. Prices rose about 10% in three years, but wages rose over 15%. People have more buying power than ever, and this is expected to continue next year. Still, many struggle.
- Defence gets NOK 192bn. That is 3.4% of everything Norway produces (GDP), and NOK 6.5bn more than this year. NATO's goal is 3.5% by 2035, so Norway is almost there. Ukraine also gets support, and police and security services are strengthened.
EnergyHospitalMunicipalities+ 10 more bullets in the app
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