At 10:00, the government presented its proposal for the state budget for 2025. The main figure for transport is distributed as follows: In total, the government proposes NOK 46.9 billion for road purposes, an increase of NOK 3.8 billion from 2024. NOK 23.3 billion will go for investments on national roads. For railways, the government proposes a total of NOK 32.6 billion in 2025. Of this, a total of NOK 12.1 billion is proposed for operation, maintenance and renewal of the railway network. The government is proposing NOK 7.7 billion for schemes that promote attractive and climate-friendly cities with good appearance. The government proposes to grant NOK 50 million to establish Norway as a testing ground for zero- and low-emission vessels in the air. See more details about the proposed budget below. NOK 46.9 billion for road purposes In total, the government proposes NOK 46.9 billion for road purposes, an increase of NOK 3.8 billion from 2024. NOK 23.3 billion will go to investments on national roads. Transport Minister Jon-Ivar Nygård announces the start of the project for the E45 Kløfta in Finnmark and the joint project Vossebanen/E16 Arna–Stanghelle in Vestland. For railways, the government proposes a total of NOK 32.6 billion in 2025. Of this, a total of NOK 12.1 billion is proposed for operation, maintenance and renewal of the railway network. The government proposes to allocate NOK 11.7 billion to major investment projects, such as the construction of InterCity sections in Austlandet, the electrification of the railway in Trøndelag and the introduction of the new digital signaling system ERTMS. The budget also shows that the government will have more 24-hour rest and rest areas to facilitate the charging of heavy vehicles. Furthermore, the government is proposing NOK 1.2 billion to Enova to strengthen efforts to replace heavy vehicles. In order to “advance the green transition in aviation”, the government proposes to grant a total of NOK 50 million to establish Norway as a testing ground for zero- and low-emission vessels. Furthermore, the government is proposing NOK 7.7 billion for schemes that promote attractive and climate-friendly cities with good appearance. – The transport sector accounts for a third of Norwegian emissions, and in order to reach our climate targets, these emissions must be greatly reduced, says Transport Minister Jon-Ivar Nygård. – With this budget, your income tax will go down slightly if you earn less than NOK 1 million, says Finance Minister Trygve Slagsvold Vedum (Sp) to news. – When we invest so much in having an up-to-date defense, there will be less extra money for other purposes , Prime Minister Jonas Gahr Støre (Ap) has said about the state budget. The budget impulse says something about whether the use of oil money stimulates economic growth or not. The budget impulse for next year is plus 0.5 percentage points. – Although the world is rough, the economy is much brighter. We envision that we are entering a period of fairly significant economic growth going forward, says Finance Minister Trygve Slagsvold Vedum (Sp) to NTB. The government is spending over half a billion kroner on fee cuts in its budget proposal. Several fees will be cut at, among others, the Road Administration and the Brønnøysund Register. The government expects the economy to grow by 2.3 per cent next year. The battle for infrastructure funding is a delicate political exercise, and the attempt to balance local political wishes, regional development and national planning is already subject to criticism. When Finance Minister Trygve Slagsvold Vedum (Sp) met the first journalists in the early morning, he compared the day to a “rodeo” where everyone is out to take the buck – the way the bull wants to throw off the rider. – Now the opposition is probably sitting and trying to catch us on one weakness or another, Vedum said on the way to the Storting. This means the state budget for your county. Finnmark | Drum | Nordland | Trøndelag | Møre and Romsdal | Westland | Rogaland | Agder | Vestfold and Telemark | Buskerud | Akershus and Oslo | Østfold | Inlandet William Jobling / news Frank Sve, the FRP Transport Minister has once again lost the battle for money in his own government, and is guilty of new breaches of promise only months after the National Transport Plan was adopted.. Labor and Sp promised last summer to increase support for county roads with one billion and follow up its own national transport plan on road development. With less than half a billion for county roads, we unfortunately see another breach of promise NTB Øystein Dørum, chief economist at NHO – The budget helps to give more speed to the economy. This is a slightly more expansive scheme than Norges Bank had envisaged. And Norges Bank announced three to four interest rate cuts next year. I’m not going to cancel any of them, but a more expansive budget plan makes Norges Bank’s job a little more difficult news Sveinung Rotevatn, VenstreIt’s being spread thin, on everything from new sheriff’s offices that even the police are against to an alarming increase in health-related social security expenses. Støre almost promised that there would be an interest rate cut this year, but the interest rate cut will not come faster with this state budget. Oil money is being lavished again. Yann Valerievich Belov / news Tina Bru, 2nd Deputy Leader of the Supreme Government opens the money tap at a time when most people are wary of doing just that. My biggest concern is that the government is once again spending too much of the money on public consumption, instead of measures that can give Norway more legs to stand on in the future. In the worst case, the turning point the government has promised us may be postponed again. Rolf Petter Olaisen / news Lan Marie Berg, MDG The government spends a lot of money, but if we are to believe the leaks, they are not prioritizing climate and nature this time either. NTB Ola Honningdal Grytten, professor of economics at NHH. – It is not a disaster, but this does not help to reduce interest rates. The budget could have been even tighter. Unknown Frank Jullum, chief economist at Danske Bank The budget is slightly more expansive than expected. This budget will not “rock the boat” in terms of interest. But it will make it more difficult to cut the interest rate in December. Virke Bernt G. Apeland, managing director of Hovedorganisationen VirkeAfter three years of steadily worsening framework conditions for Norwegian businesses, the government should carry out a power grab to increase profitability. Unfortunately, she doesn’t. – We must take better care of the national roads. Parts of the budget were already known before the presentation, after a series of “managed leaks” during the autumn. Already on 18 September, transport minister Jon-Ivar Nygård (Ap) revealed that the government will spend NOK 6.6 billion on operation and maintenance of the railway, and NOK 5.5 billion on “renewal”. A week later, he said that the government had set aside NOK 10.8 billion for the operation and maintenance of national roads. That is NOK 1.1 billion more than this year. – We must take better care of the national highways, he said. In addition, licenses for county roads increase by NOK 481 million, or 11.4 per cent. At 08:00 the government announced that it will spend 460 billion kroner on oil in 2025. Photo: Jon Bolstad The financial room for action is getting smaller Where the other “leaks” are intentional, the government was injured for being guilty of an involuntary leak last Thursday when The Ministry of Finance wrongly published a document on what price growth they are assuming next year (3.0 per cent). The price growth estimate is somewhat lower than Norges Bank expects. They estimate that growth in the consumer price index (CPI) in 2025 will be 3.2 per cent. Statistics Norway (SSB) believes that price growth will be 3.3 per cent next year. Photo: Tore Ellingseter The proposal for next year’s state budget is the first after the government in August presented the perspective report for the way forward towards 2060. The main message is that the economic room for maneuver will decrease, symbolized by 35,000 fewer oil jobs in the petroleum sector by 2020. – This budget will not “rock the boat” in terms of income. But that will make it more difficult to cut it in December, says Frank Jullum, chief economist at Danske Bank to DN. The budget proposal is also the first after the government presented what it characterized as a “realistic” and “sober” National Transport Plan 2025–2036 (NTP) in March. A couple of months later, the governing party suffered a prestige defeat when the opposition – all the way from Raudt to Høgre – agreed to change the giant plan. The transport plan comes every four years, and lays down guidelines for the next 6+6 years. – I’m glad I wasn’t a driver, said Trygve Slagsvold Vedum after a lorry trip on the road in 2020. The commuter allowance will be increased Traveling Norwegians have also been given an insight into other budget items ahead of the presentation, after more or less controlled leaks: The government is cutting air passenger tax from 85 to NOK 60. The government will increase the CO2 tax on petrol by 53 øre per litre. At the same time, the road use tax on petrol is cut by 46 øre. In total, there will be an increase of 7 øre. The commuter allowance will be increased, and the bottom allowance will rise by NOK 300 to NOK 15,250. The upper limit will increase from NOK 97,000 to NOK 100,880, and the mileage rate will increase from NOK 1.76 to NOK 1.83. The fee for getting a new license plate if the car is deregistered will change from NOK 2,000 to NOK 440. The fee for the license examination will be cut from NOK 1,900 to NOK 1,140. The fee for supervision of tachograph workshops will be cut from NOK 13,960 to NOK 8,970. The Government will present a subsidy scheme for long-distance buses on routes without trains and corresponding commercial offers. The government will exempt electric vehicles from traffic insurance tax, subject to notification and approval by Esa. Published 07.10.2024, at 10.06 Updated 07.10.2024, at 10.19
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These are the investments in transport – news Vestland
