Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Norway 05 05 - Health and income support NOK 132,138,639,773 12,929,215,543
Norway 05A 05A - Health support NOK 1,100,000,000 107,630,418 Ministry of Finance. https://www.regjeringen.no/en/aktuelt/economic-measures-in-norway-in-response-to-covid-192/id2695355/ (accessed 12 Apr2020).

NOK1.1 billion for critical sectors: Health and social services have been given permission to exceed their budgets.

Norway 05B 05B - Income support NOK 131,038,639,773 12,821,585,125 Ministry of Finance. https://www.regjeringen.no/en/aktuelt/economic-measures-in-norway-in-response-to-covid-192/id2695355/ (accessed 12 April 2020); Ministry of Finance. https://www.regjeringen.no/en/aktuelt/additional-financial-measures-to-mitigate-the-economic-effects-of-the-coronavirus-crisis/id2696548/ (accessed 12 April 2020). Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 29 May 2020). Business Compensation Scheme. https://kompensasjonsordning.no/en/ (accessed 29 June 2020). Ministry of Finance. https://www.regjeringen.no/no/aktuelt/enighet-om-avtale-som-sikrer-videre-drift-for-haugesund-lufthavn/id2721182/ (accessed 02 Jul 2020). Government of Norway. https://www.regjeringen.no/no/aktuelt/na-kan-bedrifter-og-organisasjoner-fa-stotte-for-a-ta-permitterte-tilbake-i-jobb/id2721664/ (accessed 02 July 2020). Government of Norway. https://www.regjeringen.no/no/aktuelt/fylkene-far-906-millioner-for-a-fa-flere-tilbake-i-jobb/id2722196/ (accessed 09 July 2020). Government of Norway. https://www.regjeringen.no/no/aktuelt/regjeringen-gir-250-millioner-kroner-til-vedlikehold-av-alpinanlegg-og-tivoli/id2722678/ (accessed July 17). Government of Norway. https://www.regjeringen.no/no/aktuelt/innforing-av-midlertidig-startavskrivning/id2723448/ (accessed 23 July 2020). Government of Norway. https://www.regjeringen.no/no/aktuelt/torp-far-statlig-stotte/id2723878/ (accessed 06 August 2020). Government of Norway. https://www.regjeringen.no/no/aktuelt/forhoyet-dagpengesats-ut-aret/id2737121/ (accessed 03 September 2020).

March 27: (i) NOK30.7 billion, mitigating income loss for businesses; (ii) NOK20.8 billion, mitigating income loss for persons; (iii) NOK5.5 billion, other compensation schemes; (iv) NOK2.7 billion, aviation sector support excluding guarantee portion; (iv) Automatic stabilizers: (a) NOK37 billion reduced tax revenues (Includes increased taxes due to the extensions of the unemployment benefit scheme and new income protection schemes for self-employed and freelancers), (b) NOK18  billion, increased expenditure on unemployment benefits, (c) NOK4 billion, increased sickness allowance; April 3: (v) Additional spending in the following areas: (a) help for students who have lost work income (NOK1 billion), (b) a temporary benefit for apprentices (NOK250 million), (c) compensation for reduced parental payment to after-school care (NOK1 billion), (d) skill development measures (NOK190 million), (e) home-based instruction (NOK 3 billion), (f) coronavirus information for immigrant groups (NOK6.6 million), (g) temporary purchase of basic rail transport services (NOK550 million), (h) deferrals for beverage taxes (NOK14 million), (i) deferral of fuel and mineral product taxes (NOK18 million), (j) exemption on natural gas taxes (NOK40 million), (k) suspension of the horse-racing tax(NOK 100 million), (l) support for temporarily laid-off employees with private pensions, and (m) support for the reindeer industry (NOK20 million); (vi) May 14; NOK500 million housing support funds to increase number of elibible to receive housing assistance; (vii) May 15, NOK15 million paid to six universities to provide education to the laid-off and unemployed; (viii) May 18, NOK20 million increased the support scheme for small and large companies that develop defense technology; (ix) June 8, NOK50 million to Norwegeian school and universities to pay for online training for unemployed and laid-off workers; (x) No amount/estimate: June 17, Business Compensation Scheme for companies facing decreasing turnover has been made more generous for seasonal companies. (xi) June 25, Lufthavndrift AS will receive approximately NOK70 million in grants in 2020 from Avinor AS, a state-owned company; (xii) No amount/estimate: June 26, expanded the compensation scheme to include organizers from cultural sector. Sports and volunteering are now also eligible; (xiii) No amount/estimate: July 1, companies and organizations can receive support for re-employing laid-off workers; (xix) July 6, NOK1.6 billion Ministry of Education spending on schools, education and research related to coronavirus, of which NOK906 million to Norwegian Counties to support laid-off employees; (xx) July 6, USD250 million fiscal stimulus package worth to the tourism industry; (xxi) July 13, NOK250 million additional grants to finance the maintenance of resorts and amusement parks; (xxii) July 20, NOK100 million subsidy for bus and passenger boat companies; (xxiii) July 20, No amount/estimate: owners of machinery and industrial equipment allowed to depreciate the value of these assets by an additional 10%; (xxiv) August 3, NOK90 million support to Torp Sandefjord Airport; (xxv) August 19, NOK900 million new stimulation scheme and continuation of the compensation scheme for the cultural sector; (xxix) No amount/estimate: August 24, extended the temporary unemployment benefit scheme through the rest of the year 2020.

Norway 09 09 - International Assistance Provided NOK 5,659,104,243 553,719,780
Norway 09A 09A - Swaps NOK
Norway 09B 09B - International loans/grants NOK 5,659,104,243 553,719,780 United Nations MPTF. http://mptf.undp.org/factsheet/fund/COV00 (accessed 28 May 2020). Government of Norway. https://www.regjeringen.no/no/aktuelt/100-millioner-kroner-til-lav--og-mellominntektsland/id2721369/ (accessed 02 Jul 2020). Government of Norway. https://www.regjeringen.no/no/aktuelt/norge-inngar-ny-laneavtale-med-imfs-lavinntektslandsordninger/id2722193/ (accessed 09 July 2020).

(i) As of May 28, USD14.1 million committed to the United Nations (UN) COVID-19 Response and Recovery Multi-Partner Trust Fund (COVID-19 MPTF); (ii) June 29, NOK100 million to ensure that low and middle-income countries have access to COVID-19 vaccines when they are developed; (iii) July 6, NOK5.2 billion for IMF's Poverty Reduction and Growth Trust loan schemes; (iv) September 21, NOK215 million in humanitarian aid to Yemen, a large proportion of this funding is being used by the Norwegian Red Cross to establish the field hospital. [update]

Norway 11 11 - Other Economic Measures NOK IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 8 May 2020); Ministry of Finance. https://www.regjeringen.no/en/aktuelt/economic-measures-in-norway-in-response-to-covid-192/id2695355/ (accessed 12 Apr2020); Ministry of Finance.https://www.regjeringen.no/en/aktuelt/mandate-established-for-management-of-government-bond-fund/id2695345/ (accessed 12April 2020).

(i) The Government Bond Fund bond fund was created with a starting capital of NOK50 billion. The fund will be managed by Folketrygdfondet, a state-owned asset manager; (ii) Urging from the Ministry of Finance to banks and insurance companies to not distribute profits; (iii) Automatic stabilizers: NOK37 billion reduced tax revenues; NOK18  billion,increased expenditure on unemployment benefits; NOK4 billion, increased sickness allowance; (iv) May, The government has announced that oil production will be reduced until the end of the year.