Norway SWF Withdrawals on Path to Exceed Original Estimate
Posted on 04/25/2016
Amid low oil prices and a challenging economy, Norway’s government has tapped its sovereign wealth fund. The Norwegian government had increased withdrawals from its sovereign wealth fund again in March 2016. The amount was 7.4 billion NOK (US$ 898 million). The current year-to-date withdrawal amount is 20.8 billion NOK. What is telling is that the […]
