Knowledge (XXG)

The budgetary rule

Source 📝

239: 22: 119: 296: 157:
in the Norwegian economy due to the large influx of oil-sourced revenue. It is believed that the fund will grow with more than 3% yearly over time, which makes it possible to allocate up to 3% to the yearly budget without decreasing the value of the fund.
386: 337: 376: 280: 142: 171:
The rule was last changed from 4% to 3% February 2017. Every party in the parliament was in favour of the change, except the right wing
39: 366: 105: 86: 223: 58: 330: 43: 65: 371: 184: 72: 32: 361: 356: 323: 273: 162: 54: 172: 396: 391: 381: 266: 130: 79: 150: 307: 250: 149:. The rule states that a maximum of 3% of the fund's value should be allocated to the yearly 303: 165: 350: 154: 203: 138: 21: 118: 238: 122:
Drawing showing oil income versus how it is used under the budgetary rule
246: 146: 117: 295: 15: 311: 254: 46:. Unsourced material may be challenged and removed. 153:. Its main stated justification is to avoid the 331: 274: 8: 161:The rule was introduced in 2001 during the 338: 324: 281: 267: 106:Learn how and when to remove this message 195: 168:, and has a broad cross-party support. 7: 292: 290: 235: 233: 143:The Government Pension Fund - Global 137:) is a rule concerning the usage of 44:adding citations to reliable sources 387:Environmental social science stubs 310:. You can help Knowledge (XXG) by 253:. You can help Knowledge (XXG) by 14: 224:About the government pension fund 294: 237: 20: 226:, from the Norwegian government 31:needs additional citations for 1: 377:2001 establishments in Norway 185:Golden Rule (fiscal policy) 413: 289: 232: 367:Public finance of Norway 173:Progress Party (Norway) 249:-related article is a 134: 123: 204:"Record oil revenues" 121: 55:"The budgetary rule" 40:improve this article 302:This article about 372:2001 introductions 208:www.aftenbladet.no 127:The budgetary rule 124: 319: 318: 262: 261: 210:. 7 October 2008. 151:government budget 116: 115: 108: 90: 404: 362:Energy in Norway 357:Energy economics 340: 333: 326: 304:energy economics 298: 291: 283: 276: 269: 241: 234: 212: 211: 200: 135:handlingsregelen 111: 104: 100: 97: 91: 89: 48: 24: 16: 412: 411: 407: 406: 405: 403: 402: 401: 347: 346: 345: 344: 288: 287: 230: 220: 215: 202: 201: 197: 193: 181: 112: 101: 95: 92: 49: 47: 37: 25: 12: 11: 5: 410: 408: 400: 399: 394: 389: 384: 379: 374: 369: 364: 359: 349: 348: 343: 342: 335: 328: 320: 317: 316: 299: 286: 285: 278: 271: 263: 260: 259: 242: 228: 227: 219: 218:External links 216: 214: 213: 194: 192: 189: 188: 187: 180: 177: 114: 113: 28: 26: 19: 13: 10: 9: 6: 4: 3: 2: 409: 398: 397:Economy stubs 395: 393: 390: 388: 385: 383: 380: 378: 375: 373: 370: 368: 365: 363: 360: 358: 355: 354: 352: 341: 336: 334: 329: 327: 322: 321: 315: 313: 309: 305: 300: 297: 293: 284: 279: 277: 272: 270: 265: 264: 258: 256: 252: 248: 243: 240: 236: 231: 225: 222: 221: 217: 209: 205: 199: 196: 190: 186: 183: 182: 178: 176: 174: 169: 167: 164: 163:First cabinet 159: 156: 155:Dutch disease 152: 148: 144: 140: 139:capital gains 136: 132: 128: 120: 110: 107: 99: 88: 85: 81: 78: 74: 71: 67: 64: 60: 57: –  56: 52: 51:Find sources: 45: 41: 35: 34: 29:This article 27: 23: 18: 17: 392:Energy stubs 382:Norway stubs 312:expanding it 301: 255:expanding it 244: 229: 207: 198: 170: 160: 126: 125: 102: 93: 83: 76: 69: 62: 50: 38:Please help 33:verification 30: 166:Stoltenberg 351:Categories 191:References 96:April 2020 66:newspapers 131:Norwegian 179:See also 80:scholar 247:Norway 147:Norway 82:  75:  68:  61:  53:  306:is a 245:This 141:from 87:JSTOR 73:books 308:stub 251:stub 59:news 145:of 42:by 353:: 206:. 175:. 133:: 339:e 332:t 325:v 314:. 282:e 275:t 268:v 257:. 129:( 109:) 103:( 98:) 94:( 84:· 77:· 70:· 63:· 36:.

Index


verification
improve this article
adding citations to reliable sources
"The budgetary rule"
news
newspapers
books
scholar
JSTOR
Learn how and when to remove this message

Norwegian
capital gains
The Government Pension Fund - Global
Norway
government budget
Dutch disease
First cabinet
Stoltenberg
Progress Party (Norway)
Golden Rule (fiscal policy)
"Record oil revenues"
About the government pension fund
Stub icon
Norway
stub
expanding it
v
t

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.