The economic outlook is bleaker than last autumn, and the low price of oil may delay the increase, warns Finance Siv Jensen (FRP). She forecasts a tight budget for next year.
– It is more important to ensure that people have a job than implementing new, expensive projects, Jensen said when she spoke during the main organization YS ‘income policy conference in Oslo on Thursday.
– I can not and will not tell to much in advance about the work on the state budget for next year, but it is no secret that tighter economic times and the great uncertainty related to the refugees will take up a considerable amount of our resources, she added.
Jensen revealed however that the government within a “more limited room for maneuver” will prioritize growth-enhancing tax cuts, transport initiatives and innovation.
– Other areas will have to give way to job number one – namely to facilitate more and new jobs, said Jensen.
Source: NTB scanpix / Norway Today