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Leaks from the draft 2022 state budget

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The outgoing government revealed a few points from the budget proposal presented on Tuesday.

* The development aid budget has been increased by NOK 3,8 billion. In addition, NOK 2 billion has been allocated to a climate fund that will support conversion to renewable energy in developing countries.

* NOK 2 billion in increased unrestricted revenues to municipalities, which will also receive permanently increased revenues tax of NOK 3,2 billion.

* Approximately NOK 1,5 billion in tax credit for young people in low and middle income jobs.

* Billion dollar boost for children and adolescents: NOK 200 million for mental health, NOK 403 million for secondary school completion, NOK 104,2 million for additional study hours and NOK 20,5 million for specialist teachers.

* The Housing Bank receives NOK 1 billion to be used for mortgage loans.

* A billion for Nye Veier's new job loan scheme from Ringeriksbanen.

* DKK 400 million for the leisure card program.

* NOK 451 million for investments in the Porsanger garrison, says Defense Minister Frank Bakke-Jensen.

* Electricity tax is reduced by 1,5 øre. This corresponds to a reduction of 9%.

* NOK 200 million out of a total of 3,1 billion promised by the state for the new Bodø airport

* NOK 40 million for a new poviat competence development program and an application program for study centers and the like.

* The housing benefit program is strengthened by NOK 70 million. This will be used to reduce the homestead deduction households with more than one person.

* Option tax is deferred until the shares are sold. They are then taxed as a capital duty and not as a payroll tax as is the case under the current system.

* The option tax system has been extended to companies employing up to 50 employees (now 25), turnover of 80 million (now 25) and 10-year companies (now 6 years).

* A start-up grant of NOK 110 million for the Blue Building at Nord University in Bodø and NOK 10 million for user equipment in the 2022 state budget.

* NOK 330 million for municipalities with companies that are still struggling with the pandemic.

* NOK 162 million was spent on establishing a cod museum in the Lofoten Islands.

* NOK 100 million will be allocated to continue part of the drug reform.

* 100 million for the new E16 between Arna and Voss

* 50 million additional investment subsidies for sheltered housing for the elderly in poviat communes

* The VAT exemption for electric cars will continue.

* The income limit for free legal aid is increased by 10%.

* More tax deduction for travel expenses for people living in at least 300 central municipalities.

* The Nysnø Climate Investment Fund will receive NOK 900 million, which is NOK 200 million more than in this year's budget.

* Following the massive humban invasion this summer, NOK 15,3 million will be allocated to several river traps in Finnmark.

* NOK 5 million to establish an orphanage for Sami children.

* NOK 4 million to strengthen action against racism.

* The Human Rights Service Foundation loses public aid.

Read our next article: Discounts for foreigners

GDP is expected to grow 3,8% next year.

Total value generation in mainland Norway (GDP-mainland Norway) is expected to increase by 3,8 percent next year, against an expected increase of 3,9 percent this year.

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