Revised Budget: How Spending is Funded

The Norwegian government has revised its national budget, primarily funding increased spending through increased tax and dividend revenues. Specifically, 15.2 billion kroner will come from taxes and 4.3 billion kroner from listed companies, with an additional 398 million kroner from unlisted companies. The budget also includes a significant increase of nearly 10 billion kroner for the ‘Norway Price’ electricity support scheme, alongside increased funding for the social security system.

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