Low oil prices mean that this year the government for the first time is withdrawing more from the oil fund than it is putting in. Oil-rich Norway could be forming a bad habit.
The government said Thursday it would keep draining money from one vessel—the nation’s vast sovereign-wealth fund—to fill a shortage in another—-the annual budget. Beyond covering immediate spending needs, the government said it wished to support Norway’s economic recovery..........................................Full Article: Source
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