In Norway placed all oil revenues in the oil fund to prevent income pushes up the Norwegian currenc

At a time when much of Europe is in a crisis, it is reassuring to Sweden's second su39 largest trading partner continues to do well. The state budget for 2013 shows that the Norwegians will continue buying Swedish goods next year.
When Finance Minister Sigbjørn Johnsen presented the budget in parliament was his fiscal policy speech as much about the crisis in Greece and Spain, as if the investments will be made in Norway. Spending in the national budget increased by 23 billion NOK. At the same time, it is used less oil money than it is broad political consensus that the government can use.
- Many countries would certainly wish that they were in the Norwegian situation. Norway has a large surplus in the state budget, and we have money in the account. We can be proud of, but at the same time humble. The large oil revenues will help us, but it is our ability to keep people su39 employed is most important, said Sigbjørn Johnsen.
After the 2008 financial crisis raging oil price of $ 147 per barrel in the summer, su39 to $ 30 in December of that year. It was not until 31 January 2011 before North Sea oil was sold for more than $ 100 a barrel again. Since then, however, the price generally been above that level.
In Norway placed all oil revenues in the oil fund to prevent income pushes up the Norwegian currency. Oil Fund invests in equities, bonds and real estate, all in foreign currency. All political parties, except the Progress Party, aims to only four percent of the oil fund to be used for the state budget su39 each year. In bad years, the percentage may be higher, but it assumes that the tightening in better times.
The state budget for 2013 is 3.3 percent of the oil fund. Thus, there has been some tightening in the use of oil money. But while the fund has been filled with new oil revenues, and it has been a return on investment. Thus, the Norwegians still indulge in some reforms.
Dad leave will be extended by two weeks, to 14 weeks. The combined parental leave increased as much, so this did not go out of the women. su39 From July 1, 2013 divided the parental leave in three parts. The woman and the man gets 14 weeks each, while they themselves can determine the 18 weeks should be allocated.
Since it is Storting selection next year's state budget for 2013 to the last in which the red-green government can serve some election promises. It chooses to greatly reduce some fees that create great irritation, which charges in connection with the housing changes hands and the new registrations bilavgiften decreases. Collected reduce fees by half a billion dollars. In addition, reducing wealth tax.
In Norway municipal budget in the state budget. Therefore, the figures su39 strictly comparable with the Swedish national budget. Next year the budget revenues be 1314 billion NOK, while expenditures are at 1064 billion. Oil Fund will at the end of 2013 have swelled to 4,281 billion.
bjorn.lindahl @ svd.se
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