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Well, a large part of the oil revenues are put into an investment fund because the oil isn't going to last forever. Profits of that fund go into the public budg
by brazzy 13y ago
Well, a large part of the oil revenues are put into an investment fund because the oil isn't going to last forever. Profits of that fund go into the public budget, though.
According to Wikipedia, there are discussions about how much of the oil revenues should be saved; opponents of using more of them directly say that it would just lead to inflation.
https://en.wikipedia.org/wiki/The_Government_Pension_Fund_of_Norway https://en.wikipedia.org/wiki/The_Government_Pension_Fund_of...