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by onraglanroad 145 days ago
That's got to be a tiny amount relative to the fund size though.

Anyway, how would that destroy the fund? They'd be selling it not giving it away.
1 comments
magicalhippo 144 days ago
> That's got to be a tiny amount relative to the fund size though.

Current total market value is about $2136B, of which ~$912B is invested in the US[1].

[1]: https://www.nbim.no/en/investments/the-funds-value/ (see map at bottom for regional figures)

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onraglanroad 144 days ago
No, I mean the 25% of the Norway Government Budget must be a tiny amount of the fund.
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magicalhippo 144 days ago
The politicians have set a self-imposed limit[1] on how much they can use per year. It's currently 3% of the funds value, to ensure we don't need to reign in too much during hard times[2].

However politicians have tried to use less, for 2026 they plan[3] to use 452B NOK which is roughly 2.13%.

However as OP points out, the total budget is around 2100B NOK, so the oil money pays for roughly a quarter. And that's becoming a bit of a problem in my view as well.

[1]: https://en.wikipedia.org/wiki/The_budgetary_rule

[2]: https://www.regjeringen.no/no/tema/okonomi-og-budsjett/norsk...

[2]: https://www.regjeringen.no/no/statsbudsjett/2026/statsbudsje...

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