Norway has explicitly barred any oil income to leak into the economy. All oil in... | Hacker News

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		dottedmag on March 16, 2022 \| parent \| context \| favorite \| on: US Senate votes unanimously to make daylight savin... Norway has explicitly barred any oil income to leak into the economy. All oil income is directed to the special fund that is not tapped (yet). (I'm a citizen of Norway)

lemmonii on March 16, 2022 | [–]

False, it was tapped in 2016. I also think it was tapped in 2020 but am unable to confirm, they atleast plan to withdraw again in 2022.

https://www.reuters.com/article/us-norway-swf/norway-says-ma...

https://www.reuters.com/world/europe/norway-raises-2022-spen...

lovskogen on March 16, 2022 | [–]

False, 3% of the fund is tapped each year.

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