Norway: 2021 Article IV Consultation-Press Release; Staff Report; and Staff Statement

Norway: 2021 Article IV Consultation-Press Release; Staff Report; and Staff Statement
Author :
Publisher : International Monetary Fund
Total Pages : 71
Release :
ISBN-10 : 9781513573120
ISBN-13 : 1513573128
Rating : 4/5 (128 Downloads)

Book Synopsis Norway: 2021 Article IV Consultation-Press Release; Staff Report; and Staff Statement by : International Monetary Fund. European Dept.

Download or read book Norway: 2021 Article IV Consultation-Press Release; Staff Report; and Staff Statement written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2021-06-10 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Norway’s key challenge is to get the right balance of support for recovery and adjustment until the crisis is firmly in its past. The authorities intend to continue exceptional policy support into 2021, adjusted to reflect the rebound in economic activity and pace of vaccinations in the second half of the year, and with better targeting to affected sectors. This will support the expected closing of the output gap by 2023 and help mitigate scarring, while also facilitating reallocation of capital and labor.


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