Norway; 2013 Article IV Consultation
This 2013 Article IV Consultation highlights that Norwegian economy has been performing well, with mainland GDP growing steadily. However, the continuing buildup of assets in the sovereign wealth fund and the increasing share of the mainland economy that is supplying goods and services to the oil sector are leading to competitiveness pressures in other industries exposed to international competition. The IMF staff report suggests that inflation is expected to be below target for some time and gradually rise to the target in the medium term.
Year of publication: |
2013-09-05
|
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Article IV consultation reports | Economic growth | Demand | Fiscal policy | Housing prices | Financial sector | Monetary policy | Economic indicators | Staff Reports | Press releases | Norway | oil | fiscal rule | fiscal transfer | fiscal impulse | fiscal transfers | fiscal policy rule | fiscal stance | fiscal indicators | fiscal policies | fiscal liabilities | national budget | taxation | fiscal outturn | key fiscal indicators | petroleum reserves | fiscal institutions | tax changes | fiscal resources | fiscal deficits | fiscal stress | foreign debt | fiscal accounts | public finance | tax incentives | fiscal position | capital expenditure | expansionary fiscal | fiscal needs | fiscal balance | tax increase | fiscal implications | expansionary fiscal stance | central government fiscal | debt service |
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