Norway: Staff Report for the 1999 Article IV Consultation

Publication Date:

February 14, 2000

Electronic Access:

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Summary:

Norway showed exemplary economic performance over the past decade, as reflected in the strong economic growth and low inflation. Executive Directors commended this development, and stressed the need to maintain monetary and fiscal stances, improve efficiency, and corporate governance. They appreciated the Solidarity Alternative policy framework for preserving the competitiveness of the non-oil economy, and employment through a combination of incomes policy and prudent management of the country's oil wealth. They agreed that the country's economic statistics are adequate for surveillance purposes in their coverage, quality, and timeliness.

Series:

Country Report No. 2000/015

Subject:

Notes:

Included with the Staff Report are the text of Public Information Notice No. 00/07--IMF Concludes Article IV Consultation with Norway and a statement by Mr. O.-P. Lehmussaari, Executive Director, on January 28, 2000.

English

Publication Date:

February 14, 2000

ISBN/ISSN:

9781451829662/1934-7685

Stock No:

1NOREA0012000

Pages:

52

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