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4/1/07

The Norway Post : IMF pleased with Norwegian economy

For the complete report from the The Norway Post click on this link

IMF pleased with Norwegian economy

In its preliminary report on the Norwegian economy, the International Monetary Fund (IMF) points outh that inflation is low, employment growth is near record high. and the outlook for the near term looks bright.

According to the statement, the Norwegian economy has performed enviably, underpinned by a strong macroeconomic and monetary policy framework. Despite that the Norwegian economy is entering its fourth consecutive year of above-trend growth, inflation is low and employment growth is near record high. The outlook for the near term looks bright, supported by continued strong global demand and high oil prices.

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