The Norwegian government wants to allocate an additional 500 million kroner in corona support to the municipalities

Trygve Slagsvold VedumPhoto: Terje Pedersen / NTB
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The Norwegian government wants to supplement the municipal compensation scheme with an additional NOK 500 million. The proposal will be presented on Friday.

“We will make a proposal in the Norwegian parliament (Storting) to invest an additional NOK 500 million in the municipal compensation scheme. That scheme affects the smaller local players, such as tourism companies, restaurants, and nightclubs, to a greater extent than the other schemes,” Minister of Finance Trygve Slagsvold Vedum told NTB.

The proposal will be submitted to the Storting on Friday, at the same time as the collective bill for the entire compensation regime, which has been established to remedy the effects of the corona pandemic.

With the additional allocation, Norwegian municipalities would receive a total of more than NOK 4 billion from the municipal compensation scheme for assisting local businesses. 

Just before the New Year, NOK 500 million was allocated to the scheme. Now, another NOK 500 million is on its way to make life a little less difficult for companies that have experienced “poorer sales and tougher times” as a result of the infection control restrictions, according to Vedum.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews

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