Showing hits 1 to 20 of 45
The Norwegian Ministry of Finance has today given authorisations that enable Storebrand to acquire the Swedish insurance group SPP.
(16.11.2007)
Following a tender announced in September The Ministry of Finance (MoF) has received offers from about 10 different CDM projects in Asia, Africa and Latin America. The volume offered totals about 4 million CERs.
(15.11.2007)
The Ministry of Finance presents today a proposition to the Storting (Parliament) concerning authorisations for central government borrowing in 2008.
(09.11.2007)
The Ministry of Finance has excluded the British company Vedanta Resources Plc. from the investment universe of the Norwegian Government Pension Fund – Global, based on a recommendation from the Council on Ethics for the Fund.
(06.11.2007)
The Norwegian economy is experiencing its strongest expansion in thirty years, with annual growth in Mainland-GDP averaging more than 4½ per cent over the past four years. Employment has increased substantially and the unemployment rate has fallen to a historically low level.
(05.10.2007)
The Norwegian government today announced a NOK 500 million appropriation for the purpose of purchasing Emission Reductions eligible for Kyoto Protocol compliance. The appropriation is administered by the Ministry of Finance, which is also authorised to contract a further NOK 3 600 million for payments against deliveries in 2009 and subsequent years.
(05.10.2007)
The Government proposes amendments to the special tax regime for shipping companies in order to equalize the competitiveness of the regime compared to other European tax regimes for shipping. The aim is to ensure that Norway can maintain its position as one of the leading countries for international shipping.
(05.10.2007)
Responsible fiscal policy, high petroleum revenues and good financial returns helped the Government Pension Fund grow to NOK 2 057 billion (about USD 375 billion) as of 30 June 2007.
(05.10.2007)
On behalf of the Kingdom of Norway, the Ministry of Finance is announcing its first tender for credits from Clean Development Mechanism (CDM) and Joint Implementation (JI) projects to obtain emission reductions eligible under the Kyoto Protocol.
(19.09.2007)
State Secretary Geir Axelsen introduced the web site CarbonNeutralNorway.no Wednesday 12 September at the Norwegian Ministry of Finance. The web site will be the Government's tool in acquiring and selling carbon credits. For 2007 NOK 100 million is allocated to acquiring carbon credits, and authorization is given for additional NOK 100 million.
(12.09.2007)
Today, the Norwegian Government has announced that it will propose a new tax regime for Norwegian shipping companies in the National Budget for 2008. The proposed tax regime will be similar to the tax regimes available for the industry in the European Union.
(07.09.2007)
This is an annual report by the Ministry of Finance containing general information about the Kingdom of Norway and the Norwegian economy 2007.
(29.06.2007)
It has today been decided by the King in Council that the new statutory provisions on "obligasjoner med fortrinnsrett" (covered bonds) shall enter into force 1 June 2007.
(25.05.2007)
Growth in the Norwegian economy has been strong for the past three years, with Mainland-GDP expanding by around 4½ per cent annually. The strong growth is expected to continue in 2007. Employment has increased substantially and the unemployment rate is now the lowest in almost 20 years.
(15.05.2007)
Speech by State Secretary Roger Schjerva at G8-UNESCO World Forum on Education, Research and Innovation: New Partnership for Sustainable Development, Trieste, Italy
(12.05.2007)
– As part of a regular review of the Fund’s investment strategy, we plan to increase the equity allocation of the Pension Fund - Global from 40 percent to 60 percent. At the same time, we are emphasizing the ethical obligations of the Fund, says Minister of Finance Kristin Halvorsen.
(13.04.2007)
The Ministry of Finance has excluded the South-African company DRD Gold Limited (DRD Gold) from the investment universe of the Norwegian Government Pension Fund – Global, based on a recommendation from the Council on Ethics for the Fund. According to the Council on Ethics the Fund runs an unacceptable risk of contributing to severe environmental damages by continuing to invest in the company.
(11.04.2007)
An IMF mission team presented today its preliminary conclusions on the Norwegian economy to the Ministry of Finance. – I am pleased that the IMF broadly supports the government’s economic policy. The reports from the IMF give important contributions to the economic and political debate in Norway, says State Secretary Geir Axelsen.
(26.03.2007)
The Council on Ethics for the Norwegian Government Pension Fund – Global has issued its second annual report today. The report contains in full text the recommendations that the Ministry of Finance has made public between 7 January and 31 December 2006.
(20.03.2007)
The Ministry of Finance has granted Gjensidige Forsikring and Kaupthing Bank hf authorisation to increase the companies' holdings in Storebrand ASA.
(20.03.2007)
