The Norwegian government is pouring in with the oil money

"The Norwegian government is pouring with oil money"

"the Norwegian government has in a budget bill for the next year, proposed the use of the 238 billion Norwegian crowns from the so-called oil fund. This is an increase of 7 billion compared with this year's budget."

"In their forecasts, expecting the government with a growth rate for Norway, excluding the oil and gas industry, at 2.7 per cent this year and 2.5 percent next year, which is above the historical average."

"at the same time, unemployment continues to fall, to 3.7 per cent this year, while employment growth in the year is projected at 1.4 per cent."

"Among economists, many critical of what many see as a too expansionary budget."

"– In the short term, fires this on even more in the Norwegian economy, which is already going very well. In the longer term, it will lead to a reduced room for manoeuvre, and this in a situation where we will have a large expenditure for the elderly and health care, " says Kjersti Hauglund, chief economist at the Norwegian major banks have DNB."

"Øystein Dørum, chief economist for the Norwegian industry and business association NHO, are on the same track."

"– This is unnecessary as the economy grows more than normal, and the money needed in the future, " he says."

"Minister of finance Siv Jensen states, however, from the criticism."

"– Seen in aggregate for 2018 and 2019 is the impulse in the nearest neutral, " she says of the budget as an incentive effect."

"the draft budget is expected to be approved in the Norwegian parliament where government parties have a majority of the members."