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Norway : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Norway - Country Report No. 16/214
It is a challenging time. The fall in oil prices has taken a toll on the mainland (i.e. non-oil and gas) economy, with growth falling to 1 percent in 2015 and rising unemployment. At the same time, the recent rise in the number of asylum seekers presents new challenges.