Norway wealth fund to raise spending in 2024

Norway wealth fund to raise spending in 2024

FILE PHOTO: A general view of the Norwegian central bank, where Norway's sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File Photo

Norway’s minority government said on Friday it plans to raise spending in 2024 from the country’s $1.4 trillion sovereign wealth fund, the world’s largest, despite rampant inflation that has hit households and businesses.

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