{"id":16579,"date":"2022-10-06T06:09:53","date_gmt":"2022-10-06T06:09:53","guid":{"rendered":"https:\/\/teknomers.com\/en\/cuts-18-3-oil-billion-news-norway-overview-of-news-from-various-parts-of-the-country\/"},"modified":"2022-10-06T06:09:54","modified_gmt":"2022-10-06T06:09:54","slug":"cuts-18-3-oil-billion-news-norway-overview-of-news-from-various-parts-of-the-country","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/cuts-18-3-oil-billion-news-norway-overview-of-news-from-various-parts-of-the-country\/","title":{"rendered":"Cuts 18.3 oil billion – news Norway – Overview of news from various parts of the country"},"content":{"rendered":"\n

The government plans to use 2.5 percent of the oil fund. This is down from 2.6 per cent this year and 3.2 per cent last year. – There is no doubt that it is serious now, says Trygve Slagsvold Vedum to news. The government will tighten the use of oil money in order to curb price inflation and the gallop in interest rates. At the same time, Norway is going so fast. – We cannot do it the easy way by just collecting oil money. Because if we do that, it will be easier for me and the Storting, but it will be more difficult for the small business, the small family and for Norway as a community, says Vedum. The government will reduce the use of oil money by NOK 18.3 billion to NOK 316.8 billion next year. The price increase for 2022 is estimated at 4.8 per cent and 2.8 per cent next year. The reduced use of oil money should slow down activity in the economy. The budget stimulus is calculated at – 0.6 per cent. The budget impulse measures how much oil money the state uses as a share of mainland Norway’s value creation (GDP). A negative number means that the government’s oil money spending is falling as a share of the country’s value creation. It slows down the economy. Gross domestic product for mainland Norway is estimated at 1.7 per cent next year – Budget characterized by seriousness At 07:00 Finance Minister Trygve Slagsvold Vedum started the day by meeting the journalists outside his commuter apartment in Oslo. – I’m fine. Now I have eaten breakfast and drank some milk and eaten eggs, said a smiling finance minister who emphasizes that it is a serious backdrop for this year’s budget. – Not least because of the security policy situation, we are going to spend a lot more money on defence. It’s not something to be happy about, but it’s something we have to do, says Vedum. He also highlights the high price increase affecting ordinary people and small businesses: – The main challenge for many has been the high price increase. Therefore, we will create a budget that gives more control over it and curbs the use of oil money, says Vedum. – Tight and fair At 10 o’clock Vedum presents what is likely to be a budget proposal with few winners. “Tight and fair”, are the words Prime Minister Jonas Gahr St\u00f8re has used to describe spending next year. Postponement of transport projects, cuts in aid and taxation of the power and salmon industries will probably become press release fodder when the opposition sends out its reactions at the back of the presentation. the country and measures to get young people into working life.
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The government plans to use 2.5 percent of the oil fund. This is down from 2.6 per cent this year and 3.2 per cent last year. – There is no doubt that it is serious now, says Trygve Slagsvold Vedum to news. The government will tighten the use of oil money in order to curb […]<\/p>\n","protected":false},"author":1,"featured_media":16580,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[377,18,1778,16,14,645,15,17],"class_list":["post-16579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-billion","tag-country","tag-cuts","tag-news","tag-norway","tag-oil","tag-overview","tag-parts"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/16579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=16579"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/16579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/16580"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=16579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=16579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=16579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}