The Standing Committee on Finance and Economic Affairs has proposed budget allocations across several spending areas for 2026, based on government bills. The committee references a budget agreement reached on 3 December 2025 between the Labour Party, Socialist Left Party, Centre Party, Red Party, and Green Party. The committee majority emphasizes that any changes to the agreement cannot be implemented without full consent from all parties to it.
AI-generated summary · Model: Claude Haiku 4.5 · Generated: 14 May 2026
These are the proposals in the document, not decisions. See the votes for the outcome.
The Storting calls on the government to establish a Commission for Economic Transition to assess various scenarios and measures for strengthening Norway's ability to adapt its economy, create value, develop industry, and maintain competitiveness as the Norwegian continental shelf enters a new phase with declining oil and gas production alongside a rising share of renewable energy in Europe at the expense of fossil fuels.
Allocate net budget authority of 5.9 billion kroner to spending area 19 (miscellaneous expenditure and revenue).
Allocate net budget authority of 45.233 billion kroner to spending area 20 (the Storting, financial administration, etc.).
Cut 5 million kroner from the Storting's operating expenses (chapter 41, item 1) as part of bureaucracy reduction.
Cut 1 million kroner from the Ministry of Finance's operating expenses (chapter 1600, item 1) as part of bureaucracy reduction.
Cut 0.5 million kroner from the Directorate for Management and Public Economics' operating expenses (chapter 1605, item 1) as part of bureaucracy reduction.
Cut 1 million kroner from the Customs Authority's operating expenses (chapter 1610, item 1) as part of bureaucracy reduction.
Increase the Customs Authority's budget for equipment and maintenance (chapter 1610, item 45) by 42 million kroner to strengthen efforts against drug smuggling through the purchase of a new scanner at Oslo Port.