Norway Plans to Tap $63.7 Billion From Its Oil Fund in 2027 | HappeningNow.news

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Norway Plans to Tap $63.7 Billion From Its Oil Fund in 2027

wealth fund for public expenses next year, higher than this year’s spending from the world’s largest such fund.

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wealth fund for public expenses next year, higher than this year’s spending from the world’s largest such fund. The government unveiled its budget bill for 2027, which includes a proposal to withdraw and spend 608.4 billion Norwegian crowns, or $63.7 billion, from Government Pension Fund Global.

Read original at Oilprice

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