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Norway to Boost Spending From Its $2 Trillion Oil Fund in 2026 Budget

Summary by Oil Price
The Norwegian government on Wednesday proposed to raise the spending from the country’s oil fund, the world’s largest sovereign wealth fund, in next year’s budget, according to the draft budget of the Labor party, which won a second term in office at the general elections last month.  The Labor government of Jonas Gahr Støre will need support from its junior partners in the coalition to pass the bill in Parliament.  The 2026 budget proposes to u…

7 Articles

vigga.novigga.no
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lister24.nolister24.no

The government plans to spend a lot of oil money in next year's state budget and at the same time expects good momentum in the Norwegian economy and a sharp drop in price inflation.

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This is evident from the main figures in the government's proposed state budget for 2026.

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The government plans to spend record amounts of oil revenue in the 2026 state budget.

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Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
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TV 2 broke the news in on Wednesday, October 15, 2025.
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