The Royal Norwegian Ministry of Finance (

Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe * Norwegians, both a nation and an ethnic group native to Norway * Demographics of Norway *The Norwegian language, including ...

: Finansdepartementet) is a

ministry established in 1814. The ministry is responsible for state

finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of f ...

, including the

state budget A government budget is a document prepared by the government and/or other political entity presenting its anticipated tax revenues (Inheritance tax, income tax, corporation tax, import taxes) and proposed spending/expenditure (Healthcare, Educa ...

taxation A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, o ...

and

economic policy The economy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the ec ...

in Norway. It is led by

Trygve Slagsvold Vedum Trygve Magnus Slagsvold Vedum (born 1 December 1978) is a Norwegian politician who has served as Minister of Finance since 2021. A member of the Centre Party, which he has led since 2014, he has been a Member of Parliament (MP) for Hedmark since ...

( Centre Party). The department must report to the

Parliament of Norway The Storting ( no, Stortinget ) (lit. the Great Thing) is the supreme legislature of Norway, established in 1814 by the Constitution of Norway. It is located in Oslo. The unicameral parliament has 169 members and is elected every four years bas ...

Organization

The ministry is divided into the following sections: * Political staff * Information Unit * Asset Management Department * Budget Department * Financial Markets Department * Tax Law Department * Tax Policy Department * Economic Policy Department * Department of Administrative Affairs

Subsidiaries

The following

government agencies A government or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government that is responsible for the oversight and administration of specific functions, such as an administratio ...

are subordinate to the ministry: * Pension Fund Global * National Insurance Scheme Fund *

Bank of Norway Norges Bank / Noregs Bank is the central bank of Norway. The bank shall promote economic stability in Norway. Norges Bank also manages the Government Pension Fund of Norway and the bank’s own foreign exchange reserves. History The history of ...

Norwegian Customs and Excise Authorities Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe *Norwegians, both a nation and an ethnic group native to Norway *Demographics of Norway *The Norwegian language, including the ...

* Norwegian Financial Supervisory Authority *

Norwegian Government Agency for Financial Management Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe *Norwegians, both a nation and an ethnic group native to Norway *Demographics of Norway *The Norwegian language, including the ...

Norwegian National Collection Agency The Norwegian National Collection Agency ( no, Statens Innkrevingssentral) is a Norwegian government agency responsible for the collection of all fines issued by the police as well as debt collection from defaulted government taxes or other gov ...

Norwegian Tax Administration The Norwegian Tax Administration ( no, Skatteetaten) is a government agency responsible for resident registration (''National Population Register'') and tax collection in Norway. The agency is subordinate to the Ministry of Finance and is based a ...

Statistics Norway Statistics Norway ( no, Statistisk sentralbyrå, abbreviated to ''SSB'') is the Norwegian statistics bureau. It was established in 1876. Relying on a staff of about 1,000, Statistics Norway publish about 1,000 new statistical releases every ye ...

The ministry also owns 19.1% of the

Nordic Investment Bank The Nordic Investment Bank (NIB) is an international financial institution founded in 1975 by the five Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden). In 2005, the three Baltic states (Estonia, Latvia, and Lithuania) also beca ...

References

External links

Official web site
{{DEFAULTSORT:Norwegian Ministry Of Finance

Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of f ...

Finance in Norway Finance ministries Public finance of Norway Ministries established in 1814 1814 establishments in Norway

Organization

Subsidiaries

See also

References

External links