| Norway's minority government will propose to cut corporate and personal taxes and boost spending from the country's oil fund in its 2016 budget, public broadcaster NRK and tabloid VG reported on Tuesday.
Known as the structural non-oil deficit, the amount corresponds to 2.8 percent of the expected size of the country's sovereign wealth fund. Norway's sovereign wealth fund, or oil fund, is the world's largest with $845 billion of assets built up from petroleum revenues over a period of almost 20 years...............................................Full Article: Source
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