Finance Minister willing to spend more oil cash

OSLO, Feb 4 (Reuters) – The Norwegian finance minister said on Wednesday that the government was willing to exceed the spending rule beyond the current budget and spend more oil cash to fight a rising unemployment.

All of the revenues from vast oil and gas operations off Norway are invested by the central bank-run fund in foreign stocks and bonds.

To read the full story on Forbes.com, click here.

You may also like...