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The International Monetary Fund (IMF) states that high demand will increase gross domestic product by 4% in 2022, but the economic outlook is uncertain.
The IMF warns that the war in Ukraine, the aftermath of the corona pandemic, and the problems of the supplier industry are all factors that can affect the Norwegian economy.
The delegation is in talks with the government, analyzing the Norwegian economy and pointing out factors such as high housing debt and high personal consumption. High domestic demand, especially personal consumption, is estimated to increase GDP by 4% this year.
“The IMF supports the government’s budget policy and points out the need to strengthen fiscal policy in the future,” the Treasury wrote in a comment to the preliminary report.
“The most important thing we are doing now for the financial security of people is to refrain from spending money, which avoids the” overheating “of the economy,” said Finance Minister Trygve Slagsvold. Vedum (SP) states.
Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance
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