Finance minister warns strict ethical rules for Norway's Oil Fund could harm welfare society

nettavisen.no (Swedish)

Finance Minister Jens Stoltenberg warns that overly strict ethical rules for the Oil Fund could harm Norway's welfare society. He stated that over a quarter of the state budget relies on the fund's returns, and tightening ethical guidelines could lead to lower returns or higher risk, impacting public spending. Parliament is debating proposals to revise the fund's ethical framework, with Stoltenberg highlighting the complexity of modern global companies and their supply chains.


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Finance minister warns strict ethical rules for Norway's Oil Fund could harm welfare society | News Minimalist