wealth fund for public expenses next year, higher than this year’s spending from the world’s largest such fund. The government unveiled its budget bill for 2027, which includes a proposal to withdraw and spend 608.4 billion Norwegian crowns, or $63.7 billion, from Government Pension Fund Global. Under the proposal, spending from the sovereign wealth fund would increase by 4.9 billion crowns, or $513 million, compared to 2026, measured in fixed 2027 prices, the government said. The planned spending for 2027 accounts…
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