The State budget of Norway ( no, Statsbudsjettet) is a government budget passed by the

Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe * Norwegians, both a nation and an ethnic group native to Norway * Demographics of Norway *The Norwegian language, including ...

legislature A legislature is an assembly with the authority to make law Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior,Robertson, ''Crimes against humanity'', 90. with its p ...

, Stortinget, each year. It accumulates all

income Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. Fo ...

and expenses for the Government of Norway. The document defines the taxes to be collected, and what expenses will be accomplished. The budget follows a

fiscal year A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...

of January 1 to December 31. The proposition for the budget is made by the

Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Ec ...

in the first week of October. This proposition is named ''Storting Proposition no. 1'' or ''Yellow Book'' and is the governments suggestion for a budget. It is then considered by the

Standing Committee of Finance Standing, also referred to as orthostasis, is a position in which the body is held in an ''erect'' ("orthostatic") position and supported only by the feet. Although seemingly static, the body rocks slightly back and forth from the ankle in the s ...

. If there is a majority government, the budget is normally passed without much change. In case of a minority government, which have been more the rule than the exception since the 1970s, the government party(s) must negotiate with enough opposition parties to pass it in the legislature. The responsibility to audit the accounts is at the

Office of the Auditor General of Norway The Office of the Auditor General of Norway ( no, Riksrevisjonen) is the state auditor of the Government of Norway and directly subordinate of the Parliament of Norway. It is responsible for auditing, monitoring and advising all state economic ...

State budget 2007

All sums in NOK million

Main figures

Expenses *Operating costs: 109,355 *Investments: 40,334 *Transfers: 927,708 *Lending and instalment: 2 *Total costs: 1,202,683 Income *Operating income: 132,970 *from investments: 16,179 *Taxes and transfers: 928,248 *Paybacks: 59,682 *Total income:1,137,079

Specifications

*Operating costs **

Military A military, also known collectively as armed forces, is a heavily armed, highly organized force primarily intended for warfare. It is typically authorized and maintained by a sovereign state, with its members identifiable by their distinct ...

: 20,754 ** State roads: 7,110 **

Railway Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a pre ...

: 3,282 ** Police and prosecution: 9,017 **

Courts A court is any person or institution, often as a government institution, with the authority to adjudicate legal disputes between parties and carry out the administration of justice in civil, criminal, and administrative matters in accorda ...

: 1,889 ** Prisons: 2,291 ** Labour and welfare management: 7,616 ** Tax administration: 4,833 ** Pensions to state employees: 8,499 ** Ministries: 5,520 **State wage negotiations: 9,720 **Commercial activity: -371 **Other costs: 29,194 **Subtotal: 109,355 *Investment costs ** State petroleum activity: 18,300 **

Defence Defense or defence may refer to: Tactical, martial, and political acts or groups * Defense (military), forces primarily intended for warfare * Civil defense, the organizing of civilians to deal with emergencies or enemy attacks * Defense indus ...

: 9,257 **State roads: 5,408 ** Buildings: 1,595 **Other buildings: 1,500 **Railway: 2,220 **Other investments: 2 055 **Subtotal: 40,334 *Transfers ** Pension Fund: 364,893 **Other state budgets: 33,611 **

Municipalities A municipality is usually a single administrative division having corporate status and powers of self-government or jurisdiction as granted by national and regional laws to which it is subordinate. The term ''municipality'' may also mean the go ...

: 101,127 **Pensions: 245,239 **Other transfers: 182,838 **Subtotal: 927,708 *Operating income **From SDFI: 122,300 **Other: 10,670 **Subtotal: 132,970 *Transfer **Dividend: 57,042

References

{{National government budgets Government of Norway Public finance of Norway