Norway’s Government Could be Tapping Upwards of $40 Billion from Sovereign Wealth Fund
Posted on 05/12/2020
The Norwegian government will be exceeding a self-imposed spending cap for the first time in more than a decade for the US$ 1 trillion Norway Government Pension Fund Global. Norway’s Ministry of Finance updated budget projections and see withdrawals from the sovereign wealth fund to hit a record 419.6 billion kroner (US$ 40.97 billion). This […]