Proposes a NOK 13 Billion Increase of the Defense Budget With the proposed increase of the revised Norwegian national budget, the defense budget will go from NOK 91 billion to NOK 104 billion a year. Several of the initiatives drafted in the long-term defense plan could now start earlier, says MoD Bjørn Arild Gram (Centre).
Norway Wants Greater State Ownership of the Energy Supply on Svalbard Norwegian PM Jonas Gahr Støre (Labor) revealed that the government suggests NOK 125 million in financial electricity support to Longyearbyen in a revised state budget. Støre also reports that the state will claim greater ownership of the energy supply on Svalbard. "We want Norwegian ownership of important infrastructure and real estate."
Norwegian Government Proposes Allocation for New North Norwegian Capital Fund In relation to the revised national budget 2021, the Norwegian government proposes that the new North Norwegian investment fund should initially amount to NOK 400 million, out of which the state is ready to provide half the amount.
