Norway government sees higher growth as election looms - report


  • World
  • Monday, 21 Aug 2017

FILE PHOTO - Norway's Finance Minister Siv Jensen presents a parliamentary report on the Norwegian Pension fund (Oil fund) in Oslo April 4, 2014. REUTERS/Erlend Aas/NTB Scanpix

OSLO (Reuters) - The Norwegian economy will grow more rapidly in 2017 than the government had previously expected, Finance Minister Siv Jensen told financial daily Dagens Naeringsliv late on Sunday, just three weeks ahead of parliamentary elections.

She did not provide a new forecast, but said growth had accelerated more than was anticipated in May, when the government predicted a 1.6 percent expansion in the mainland economy, which excludes the income from offshore oil and gas.

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