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In Norway, most public sector employees worked within local government as of 2023, with a total of 574,498 employees, while the central government employed 328,959 individuals. [ 17 ] In terms of salaries, the central government sector in Norway offered the highest average monthly pay in 2022, with men earning 61,370 Norwegian kroner and women ...
The oil and gas industries play a dominant role in the Norwegian economy, providing a source of finance for the Norwegian welfare state through direct ownership of oil fields, dividends from its shares in Equinor, and licensure fees and taxes. The oil and gas industry is Norway's largest in terms of government revenue and value-added.
The Standing Committee on Finance and Economic Affairs (Norwegian: Finanskomiteen) is a standing committee of the Parliament of Norway.It is responsible for policies relating to economic policy, monetary and credit policy, the financial and credit system, financial administration, block grants to municipalities and counties, taxes and duties to the State Treasury, state guarantees for exports ...
The Government Pension Fund Norway is smaller and was established in 1967 as a type of national insurance fund. It is managed separately from the Oil Fund and is limited to domestic and Nordic investments and is therefore a key stock holder in many large Norwegian companies, predominantly via the Oslo Stock Exchange .
Svalbard’s unique case. Although Svalbard is in Norwegian territory, and its government controls 99.5% of its land, there’s a sizable Russian presence in the archipelago, thanks to a treaty ...
During the German occupation of Norway during World War II there were four cabinets, that ruled as part of Josef Terbovens administration of Norway. These Governments were the de facto ruling body of Norway during the war, though the Cabinet Nygaardsvold still held the de jure office, in exile in London, United Kingdom.
The Government agencies of Norway are state-controlled organizations that act independently to carry out the policies of the Government of Norway.The government ministries are relatively small and merely policy-making organizations, allowed to control agencies by policy decisions but not by direct orders.
The Støre Cabinet is the incumbent government of the Kingdom of Norway, headed by Labour Party leader Jonas Gahr Støre as Prime Minister.The government was appointed by King Harald V on 14 October 2021, following the parliamentary election on 13 September, consisting of the Labour Party (Ap) and the Centre Party (Sp) as a minority government.